A number of other analysts have also issued reports on the stock. Citigroup Inc. restated a sell rating on shares of Cybg Plc in a research report on Monday, September 12th. JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 200 ($2.61) price target on shares of Cybg Plc in a research note on Monday, June 27th. Royal Bank Of Canada increased their price target on shares of Cybg Plc from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the stock an underperform rating in a research note on Monday, August 15th. Numis Securities Ltd initiated coverage on shares of Cybg Plc in a research note on Wednesday, September 28th. They set 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 note on Tuesday, September 27th. They set a neutral rating and a GBX 250 ($3.26) price target on the stock. Five research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of Sell and a consensus price target of GBX 226.43 ($2.96).
Cybg Plc (LON:CYBG) opened at 270.70 on Monday. 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 is GBX 263.43 and its 200-day moving average is GBX 246.79. The firm’s market cap is GBX 2.39 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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