Shares of Cybg Plc (LON:CYBG) have been given an average rating of “Hold” by the six research firms that are covering the firm. Four research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 224 ($2.92).
CYBG has been the topic of several recent research reports. Citigroup Inc. reaffirmed a “sell” rating on shares of Cybg Plc in a research report on Monday, September 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 200 ($2.61) price target on shares of Cybg Plc in a research report on Monday, June 27th. Royal Bank Of Canada raised their price target on shares of Cybg Plc from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the company an “underperform” rating in a research report on Monday, August 15th. Numis Securities Ltd initiated coverage on shares of Cybg Plc in a research report on Wednesday. They issued a “reduce” rating and a GBX 210 ($2.74) price target on the stock. Finally, Goldman Sachs Group Inc. initiated coverage on shares of Cybg Plc in a research report on Tuesday. They issued a “neutral” rating and a GBX 250 ($3.26) price target on the stock.
Cybg Plc (LON:CYBG) opened at 265.60 on Wednesday. The company’s market cap is GBX 2.34 billion. Cybg Plc has a 52-week low of GBX 179.00 and a 52-week high of GBX 297.40. The company’s 50 day moving average price is GBX 262.76 and its 200 day moving average price is GBX 244.81.
Cybg Plc Company Profile
CYBG PLC is a United Kingdom-based company, which intends to be the holding company for CYB Investments Limited (CYBI) and Clydesdale Bank PLC (Clydesdale Bank). The Company will own National Australia Bank Limited’s Clydesdale and Yorkshire Bank operations (the Clydesdale Bank business). Clydesdale Bank provides the United Kingdom retail and small and medium enterprises (SME) banking services.
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