Cybg Plc (CYBG) Given Underperform Rating at Royal Bank Of Canada
CYBG has been the topic of several other research reports. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 200 ($2.61) price target on shares of Cybg Plc in a report on Monday, September 12th. Goldman Sachs Group Inc. initiated coverage on shares of Cybg Plc in a report on Tuesday, September 27th. They issued a neutral rating and a GBX 250 ($3.26) price target on the stock. Citigroup Inc. reissued a sell rating on shares of Cybg Plc in a report on Monday, September 12th. Jefferies Group initiated coverage on shares of Cybg Plc in a report on Monday. They issued an underperform rating and a GBX 205 ($2.68) price target on the stock. Finally, Numis Securities Ltd initiated coverage on shares of Cybg Plc in a report on Wednesday, September 28th. They issued a reduce rating and a GBX 210 ($2.74) price target on the stock. Five equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. Cybg Plc presently has a consensus rating of Sell and a consensus target price of GBX 226.43 ($2.96).
Cybg Plc (LON:CYBG) traded down 1.17% during mid-day trading on Tuesday, hitting GBX 270.20. 509,626 shares of the company’s stock were exchanged. Cybg Plc has a 52 week low of GBX 179.00 and a 52 week high of GBX 297.40. The firm has a 50 day moving average of GBX 263.33 and a 200 day moving average of GBX 246.33. The stock’s market capitalization is GBX 2.38 billion.
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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