Cybg Plc (CYBG) Upgraded by Goldman Sachs Group Inc. to “Buy”
Cybg Plc (LON:CYBG) was upgraded by investment analysts at Goldman Sachs Group Inc. to a “buy” rating in a research note issued to investors on Monday. The firm presently has a GBX 330 ($4.12) price target on the stock, up from their previous price target of GBX 250 ($3.12). Goldman Sachs Group Inc.’s target price would indicate a potential upside of 21.61% from the stock’s previous close.
CYBG has been the subject of a number of other reports. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 200 ($2.50) price target on shares of Cybg Plc in a report on Tuesday, October 4th. JPMorgan Chase & Co. restated an “underweight” rating and issued a GBX 200 ($2.50) price target on shares of Cybg Plc in a report on Monday, September 12th. Macquarie restated a “neutral” rating and issued a GBX 265 ($3.31) price target on shares of Cybg Plc in a report on Thursday, October 27th. Jefferies Group started coverage on shares of Cybg Plc in a report on Monday, October 3rd. They issued an “underperform” rating and a GBX 205 ($2.56) price target for the company. Finally, Citigroup Inc. restated a “sell” rating on shares of Cybg Plc in a report on Monday, September 12th. Five analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 242.14 ($3.03).
Cybg Plc (LON:CYBG) opened at 276.90 on Monday. 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 of GBX 276.67 and a 200-day moving average of GBX 261.08. The firm’s market cap is GBX 2.44 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.
Receive News & Stock Ratings for Cybg Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cybg Plc and related stocks with our FREE daily email newsletter.