Shares of Cybg Plc (LON:CYBG) have been given an average rating of “Hold” by the eleven research firms that are currently covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 240.44 ($3.14).
CYBG has been the topic of a number of recent analyst reports. Shore Capital reaffirmed a “buy” rating and issued a GBX 320 ($4.18) target price on shares of Cybg in a research report on Wednesday, February 6th. Citigroup reaffirmed a “buy” rating and issued a GBX 230 ($3.01) target price on shares of Cybg in a research report on Monday, April 15th. Jefferies Financial Group dropped their price target on Cybg from GBX 366 ($4.78) to GBX 285 ($3.72) and set a “buy” rating on the stock in a research report on Tuesday, April 9th. Barclays raised Cybg to an “equal weight” rating and dropped their price target for the company from GBX 230 ($3.01) to GBX 220 ($2.87) in a research report on Thursday, March 28th. Finally, Deutsche Bank raised Cybg to a “hold” rating and dropped their price target for the company from GBX 248 ($3.24) to GBX 184 ($2.40) in a research report on Tuesday, February 5th.
Shares of CYBG opened at GBX 186.80 ($2.44) on Friday. Cybg has a 52-week low of GBX 172.10 ($2.25) and a 52-week high of GBX 367 ($4.80). The company has a market capitalization of $2.69 billion and a price-to-earnings ratio of -26.31.
Cybg Company Profile
CYBG PLC, through its subsidiaries, provides retail and business banking products and services to individuals and businesses under the Clydesdale Bank, Yorkshire Bank, B, and Virgin Money brands in the United Kingdom. It operates through SME Banking and Retail Banking segments. The SME Banking segment offers a range of banking products and services, including business current accounts; and secured and unsecured term loans, business overdrafts, and invoice and asset financing products and services.
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