Cybg Plc (CYBG) Insider Purchases £64,200 in Stock
Cybg Plc (LON:CYBG) insider Tim Wade bought 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was purchased at an average price of GBX 321 ($4.22) per share, with a total value of £64,200 ($84,440.35).
Shares of Cybg Plc (CYBG) opened at GBX 314 ($4.13) on Friday. Cybg Plc has a 1 year low of GBX 257.10 ($3.38) and a 1 year high of GBX 321.60 ($4.23).
Several equities research analysts have issued reports on the stock. Shore Capital Group Limited restated a “hold” rating and set a GBX 345 ($4.54) price objective on shares of Cybg Plc in a research report on Thursday, November 2nd. Numis Securities Ltd restated a “sell” rating and set a GBX 210 ($2.76) price objective on shares of Cybg Plc in a research report on Thursday, November 2nd. Shore Capital restated a “hold” rating on shares of Cybg Plc in a research report on Tuesday. J P Morgan Chase & Co restated an “underweight” rating and set a GBX 220 ($2.89) price objective on shares of Cybg Plc in a research report on Wednesday. Finally, Jefferies Group LLC raised their price objective on shares of 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. Five equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Cybg Plc presently has a consensus rating of “Hold” and an average price target of GBX 278.70 ($3.67).
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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