Citigroup Inc. Reiterates Sell Rating for Cybg Plc (CYBG)

Cybg Plc (LON:CYBG)‘s stock had its “sell” rating reissued by investment analysts at Citigroup Inc. in a research report issued to clients and investors on Friday.

Several other research firms have also recently commented on CYBG. JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 200 ($2.61) price target on shares of Cybg Plc in a report on Monday, August 1st. Royal Bank Of Canada lowered their price target on shares of Cybg Plc from GBX 210 ($2.74) to GBX 200 ($2.61) and set an “underperform” rating on the stock in a report on Wednesday, September 14th.

Shares of Cybg Plc (LON:CYBG) opened at 251.00 on Friday. The stock’s 50 day moving average price is GBX 263.20 and its 200-day moving average price is GBX 243.85. Cybg Plc has a 12 month low of GBX 179.00 and a 12 month high of GBX 297.40. The stock’s market capitalization is GBX 2.21 billion.

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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