Risers and Fallers

FTSE 250 movers: Close Bros hit again as Berenberg slashes target price

By Frank Prenesti

Date: Friday 16 Feb 2024

(Sharecast News) - FTSE 250 (MCX) 19,164.50 0.34%
Berenberg slashed its price target on Close Brothers on Friday to 425p from 1,100p as it cut estimates after the merchant bank announced it was scrapping its dividend amid a regulator probe into car financing.

The Financial Conduct Authority said last month...

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