Several other research analysts also recently issued reports on CYBG. JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 200 ($2.61) price objective on shares of Cybg Plc in a report on Monday, August 1st. Royal Bank Of Canada reduced their price objective on 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. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of GBX 230 ($3.00).
Shares of Cybg Plc (LON:CYBG) opened at 259.10 on Friday. Cybg Plc has a 12 month low of GBX 179.00 and a 12 month high of GBX 297.40. The stock has a 50 day moving average price of GBX 262.69 and a 200 day moving average price of GBX 244.54. The firm’s market cap is GBX 2284.05 billion.
About Cybg Plc
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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