Cybg Plc (CYBG) Price Target Increased to GBX 270 by Analysts at Macquarie
Cybg Plc (LON:CYBG) had its price objective increased by stock analysts at Macquarie from GBX 265 ($3.31) to GBX 270 ($3.37) in a research note issued on Wednesday. The firm presently has a “neutral” rating on the stock. Macquarie’s price target suggests a potential downside of 5.50% from the company’s current price.
CYBG has been the subject of several other reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 200 ($2.50) price objective on shares of Cybg Plc in a research note on Tuesday, July 26th. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a GBX 250 ($3.12) price objective on shares of Cybg Plc in a research note on Tuesday, November 15th. Credit Suisse Group AG reaffirmed an “outperform” rating on shares of Cybg Plc in a research note on Tuesday, October 25th. Royal Bank Of Canada upped their price objective on shares of Cybg Plc from GBX 200 ($2.50) to GBX 210 ($2.62) and gave the company an “underperform” rating in a research note on Monday, August 15th. Finally, Citigroup Inc. reaffirmed a “sell” rating on shares of Cybg Plc in a research note on Friday, September 23rd. Five analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 227.86 ($2.85).
Cybg Plc (LON:CYBG) opened at 285.70 on Wednesday. The firm’s market cap is GBX 2.52 billion. Cybg Plc has a 1-year low of GBX 179.00 and a 1-year high of GBX 306.90. The firm’s 50-day moving average price is GBX 276.48 and its 200-day moving average price is GBX 260.47.
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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