JPMorgan Chase & Co. reiterated their underweight rating on shares of Cybg Plc (LON:CYBG) in a research report sent to investors on Wednesday morning. JPMorgan Chase & Co. currently has a GBX 220 ($2.75) target price on the stock.

A number of other brokerages have also recently commented on CYBG. Numis Securities Ltd initiated coverage on shares of Cybg Plc in a research note on Wednesday, September 28th. They set a reduce rating and a GBX 210 ($2.62) price target on the stock. Jefferies Group initiated coverage on shares of Cybg Plc in a research note on Monday, October 3rd. They set an underperform rating and a GBX 205 ($2.56) price target on the stock. Royal Bank Of Canada restated an underperform rating and set a GBX 200 ($2.50) price target on shares of Cybg Plc in a research note on Tuesday, October 4th. Macquarie restated a neutral rating and set a GBX 265 ($3.31) price target on shares of Cybg Plc in a research note on Thursday, October 27th. Finally, Citigroup Inc. reaffirmed a sell rating on shares of Cybg Plc in a report on Monday, September 12th. Five investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 230.71 ($2.88).

Shares of Cybg Plc (LON:CYBG) traded down 2.49% during mid-day trading on Wednesday, reaching GBX 274.00. 1,295,093 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 306.90. The company has a 50 day moving average price of GBX 276.70 and a 200 day moving average price of GBX 260.84. The firm’s market cap is GBX 2.41 billion.

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Cybg Plc Company Profile

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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