J P Morgan Chase & Co reissued their underweight rating on shares of Cybg Plc (LON:CYBG) in a report published on Wednesday. The firm currently has a GBX 220 ($2.89) target price on the stock.

CYBG has been the subject of several other research reports. Royal Bank Of Canada reiterated an underperform rating and issued a GBX 205 ($2.70) price target on shares of Cybg Plc in a research report on Monday, September 4th. Jefferies Group LLC upped their price target on shares of Cybg Plc from GBX 254 ($3.34) to GBX 294 ($3.87) and gave the company a hold rating in a research report on Friday, November 10th. Shore Capital reiterated a hold rating on shares of Cybg Plc in a research report on Tuesday. Numis Securities Ltd reiterated a sell rating and issued a GBX 210 ($2.76) price target on shares of Cybg Plc in a research report on Thursday, November 2nd. Finally, Shore Capital Group Limited restated a hold rating and set a GBX 345 ($4.54) price objective on shares of Cybg Plc in a research report on Thursday, November 2nd. Five equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Cybg Plc currently has an average rating of Hold and a consensus price target of GBX 278.70 ($3.67).

Shares of Cybg Plc (LON CYBG) opened at GBX 314.10 ($4.13) on Wednesday. Cybg Plc has a 12-month low of GBX 257.10 ($3.38) and a 12-month high of GBX 321.60 ($4.23).

In related news, insider Tim Wade purchased 20,000 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The stock was acquired at an average price of GBX 321 ($4.22) per share, for a total transaction of £64,200 ($84,440.35). In the last 90 days, insiders have acquired 20,147 shares of company stock valued at $6,464,787.

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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.

Analyst Recommendations for Cybg Plc (LON:CYBG)

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