Cybg (LON:CYBG)‘s stock had its “hold” rating reaffirmed by equities research analysts at Shore Capital in a note issued to investors on Friday.
CYBG has been the subject of a number of other reports. Royal Bank Of Canada reissued an “underperform” rating and set a GBX 205 ($2.76) price target on shares of Cybg in a research note on Monday, September 4th. Jefferies Group boosted their price target on shares of Cybg from GBX 254 ($3.42) to GBX 294 ($3.96) and gave the stock a “hold” rating in a research note on Friday, November 10th. J P Morgan Chase & Co reissued an “underweight” rating and set a GBX 220 ($2.96) price target on shares of Cybg in a research note on Tuesday, September 19th. Numis Securities boosted their price target on shares of Cybg from GBX 210 ($2.83) to GBX 250 ($3.36) and gave the stock a “sell” rating in a research note on Thursday, November 23rd. Finally, Citigroup restated a “sell” rating on shares of Cybg in a report on Wednesday. Five analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Cybg currently has an average rating of “Hold” and an average target price of GBX 278.70 ($3.75).
Shares of Cybg (LON:CYBG) opened at GBX 327.80 ($4.41) on Friday. Cybg has a 12 month low of GBX 257.10 ($3.46) and a 12 month high of GBX 324.70 ($4.37).
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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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