Shore Capital Reaffirms “Hold” Rating for Cybg Plc (CYBG)
Cybg Plc (LON:CYBG)‘s stock had its “hold” rating reiterated by analysts at Shore Capital in a research report issued on Tuesday.
A number of other analysts have also commented on CYBG. Shore Capital Group Limited reaffirmed a “hold” rating and set a GBX 345 ($4.54) price objective on shares of Cybg Plc in a research note on Thursday, November 2nd. Numis Securities Ltd reaffirmed a “sell” rating and set a GBX 210 ($2.76) price objective on shares of Cybg Plc in a research note on Thursday, November 2nd. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 220 ($2.89) price objective on shares of Cybg Plc in a research note on Tuesday, September 19th. Jefferies Group LLC increased their price objective on Cybg Plc from GBX 254 ($3.34) to GBX 294 ($3.87) and gave the company a “hold” rating in a research note on Friday, November 10th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 205 ($2.70) price objective on shares of Cybg Plc in a research note on Monday, September 4th. Five investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 274.70 ($3.61).
Cybg Plc (LON:CYBG) traded up GBX 0.80 ($0.01) during trading on Tuesday, reaching GBX 309.20 ($4.07). The company’s stock had a trading volume of 1,806,915 shares, compared to its average volume of 1,050,000. Cybg Plc has a 12 month low of GBX 257.10 ($3.38) and a 12 month high of GBX 319.10 ($4.20).
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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