Cybg Plc (CYBG) Given Average Recommendation of “Hold” by Brokerages

Shares of Cybg Plc (LON:CYBG) have earned an average recommendation of “Hold” from the ten research firms that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 250.88 ($3.31).

CYBG has been the subject of a number of research analyst reports. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 205 ($2.71) price target on shares of Cybg Plc in a research note on Monday, September 4th. J P Morgan Chase & Co restated an “underweight” rating and issued a GBX 220 ($2.90) price target on shares of Cybg Plc in a research note on Tuesday, September 19th. Shore Capital restated a “hold” rating on shares of Cybg Plc in a research note on Tuesday, August 1st. Citigroup Inc. restated a “sell” rating on shares of Cybg Plc in a research note on Friday, July 21st. Finally, Numis Securities Ltd dropped their price target on shares of Cybg Plc from GBX 210 ($2.77) to GBX 200 ($2.64) and set a “sell” rating for the company in a research note on Monday, July 3rd.

In other Cybg Plc news, insider Ian S. Smith sold 8,115 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of GBX 291 ($3.84), for a total transaction of £23,614.65 ($31,162.11). In the last quarter, insiders have acquired 152 shares of company stock valued at $44,963.

Cybg Plc (CYBG) opened at 314.90 on Friday. Cybg Plc has a 52-week low of GBX 257.10 and a 52-week high of GBX 316.40. The company has a 50 day moving average of GBX 300.55 and a 200-day moving average of GBX 284.93. The stock’s market capitalization is GBX 2.78 billion.

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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.

Analyst Recommendations for Cybg Plc (LON:CYBG)

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