CYBG (LON:CYBG) had its price objective boosted by equities researchers at BNP Paribas from GBX 280 ($3.93) to GBX 330 ($4.63) in a report released on Thursday. The brokerage currently has a “neutral” rating on the stock. BNP Paribas’ target price would suggest a potential upside of 8.34% from the company’s previous close.
A number of other research analysts also recently commented on CYBG. Deutsche Bank reaffirmed a “sell” rating and set a GBX 281 ($3.94) price objective on shares of CYBG in a research report on Wednesday. Citigroup reaffirmed a “sell” rating on shares of CYBG in a research report on Monday, February 12th. Berenberg Bank assumed coverage on shares of CYBG in a research report on Wednesday, January 17th. They set a “buy” rating and a GBX 375 ($5.26) price objective on the stock. JPMorgan Chase reaffirmed an “underweight” rating and set a GBX 270 ($3.79) price objective on shares of CYBG in a research report on Thursday, February 1st. Finally, Shore Capital reaffirmed a “hold” rating on shares of CYBG in a research report on Tuesday, January 30th. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. CYBG has an average rating of “Hold” and a consensus price target of GBX 309.17 ($4.34).
Shares of CYBG opened at GBX 304.60 ($4.28) on Thursday. CYBG has a 52 week low of GBX 257.10 ($3.61) and a 52 week high of GBX 341.60 ($4.80).
CYBG PLC, through its subsidiaries, provides retail and business banking products and services to individuals and businesses under the Clydesdale Bank, Yorkshire Bank, and B brands in the United Kingdom. The company operates through SME Banking and Retail Banking segments. The SME Banking segment offers a range of banking products and services, including business current accounts; and secured and unsecured term loans, business overdrafts, invoice finance, and financing capital equipment purchases.
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