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Shore Capital downgrades Close Brothers to 'hold', says it's time to take profits

By Michele Maatouk

Date: Wednesday 08 Apr 2026

(Sharecast News) - Shore Capital downgraded Close Brothers on Wednesday to 'hold' from 'buy' as it recommended that investors take profits.
The downgrade came after the merchant bank said the motor finance redress scheme would cost it around £320m, but that this could be "comfortably absorbed". The figure was broadly similar...

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