Cybg Plc (CYBG) Earns Sell Rating from Panmure Gordon
Several other research firms have also weighed in on CYBG. Shore Capital reaffirmed a hold rating on shares of Cybg Plc in a report on Tuesday. Citigroup Inc reaffirmed a sell rating on shares of Cybg Plc in a report on Friday, January 27th. Macquarie reaffirmed a neutral rating and set a GBX 293 ($3.78) target price on shares of Cybg Plc in a report on Thursday, April 6th. Goldman Sachs Group Inc lifted their target price on shares of Cybg Plc from GBX 300 ($3.87) to GBX 310 ($4.00) and gave the company a neutral rating in a report on Thursday, April 6th. Finally, Numis Securities Ltd reaffirmed a sell rating and set a GBX 210 ($2.71) target price on shares of Cybg Plc in a report on Tuesday, January 31st. Six investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Cybg Plc currently has an average rating of Hold and an average price target of GBX 245.38 ($3.17).
Cybg Plc (LON:CYBG) opened at 274.10 on Tuesday. The stock’s market cap is GBX 2.42 billion. The firm’s 50-day moving average is GBX 281.99 and its 200 day moving average is GBX 279.53. Cybg Plc has a one year low of GBX 203.70 and a one year high of GBX 306.90.
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In related news, insider David Duffy sold 54,374 shares of the business’s stock in a transaction on Thursday, March 2nd. The shares were sold at an average price of GBX 264 ($3.41), for a total value of £143,547.36 ($185,294.13).
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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