Cybg Plc (CYBG) Receives Average Recommendation of “Hold” from Analysts
Cybg Plc (LON:CYBG) has received a consensus recommendation of “Hold” from the eleven analysts that are presently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 274.70 ($3.61).
Several equities analysts recently commented on CYBG shares. Shore Capital restated a “hold” rating on shares of Cybg Plc in a research report on Tuesday, August 1st. Royal Bank Of Canada restated an “underperform” rating and set a GBX 205 ($2.70) target price on shares of Cybg Plc in a research report on Monday, September 4th. J P Morgan Chase & Co restated an “underweight” rating and set a GBX 220 ($2.89) target price on shares of Cybg Plc in a research report on Tuesday, September 19th. Jefferies Group LLC boosted their target price on Cybg Plc from GBX 254 ($3.34) to GBX 294 ($3.87) and gave the stock a “hold” rating in a research report on Friday, November 10th. Finally, Numis Securities Ltd restated a “sell” rating and set a GBX 210 ($2.76) target price on shares of Cybg Plc in a research report on Thursday, November 2nd.
Cybg Plc (LON:CYBG) opened at GBX 310.20 ($4.08) on Tuesday. Cybg Plc has a 52-week low of GBX 257.10 ($3.38) and a 52-week high of GBX 319.10 ($4.20).
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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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