Cybg Plc (CYBG) Research Coverage Started at BNP Paribas
Equities research analysts at BNP Paribas began coverage on shares of Cybg Plc (LON:CYBG) in a research note issued on Wednesday. The brokerage set a “neutral” rating and a GBX 280 ($3.47) price target on the stock. BNP Paribas’ price target indicates a potential upside of 0.18% from the company’s previous close.
Other analysts have also recently issued research reports about the stock. Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a GBX 250 ($3.10) price target on shares of Cybg Plc in a research note on Tuesday, November 15th. Macquarie increased their price target on shares of Cybg Plc from GBX 265 ($3.29) to GBX 270 ($3.35) and gave the company a “neutral” rating in a research note on Wednesday, November 23rd. Royal Bank Of Canada increased their price objective on shares of Cybg Plc from GBX 200 ($2.48) to GBX 210 ($2.61) and gave the company an “underperform” rating in a research report on Monday, August 15th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 220 ($2.73) price objective on shares of Cybg Plc in a research report on Wednesday, November 23rd. Finally, Numis Securities Ltd reissued a “reduce” rating and issued a GBX 210 ($2.61) price objective on shares of Cybg Plc in a research report on Wednesday, October 26th. Five research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 246.88 ($3.06).
Cybg Plc (LON:CYBG) opened at 279.70 on Wednesday. Cybg Plc has a one year low of GBX 179.00 and a one year high of GBX 306.90. The company’s market cap is GBX 2.47 billion. The company has a 50-day moving average of GBX 277.32 and a 200 day moving average of GBX 262.01.
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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