Cybg Plc (LON:CYBG) had its target price cut by Royal Bank Of Canada from GBX 210 ($2.74) to GBX 200 ($2.61) in a research report report published on Wednesday morning. They currently have an underperform rating on the stock.

Several other research firms have also weighed in on CYBG. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 200 ($2.61) target price on shares of Cybg Plc in a research note on Monday, September 12th. Citigroup Inc. reissued a sell rating on shares of Cybg Plc in a research note on Monday, September 12th. Finally, Macquarie increased their target price on Cybg Plc from GBX 250 ($3.26) to GBX 260 ($3.39) and gave the company an outperform rating in a research note on Wednesday, May 25th.

Shares of Cybg Plc (LON:CYBG) opened at 255.30 on Wednesday. Cybg Plc has a 12-month low of GBX 179.00 and a 12-month high of GBX 297.40. The firm’s market capitalization is GBX 2.25 billion. The company has a 50-day moving average price of GBX 263.66 and a 200 day moving average price of GBX 242.05.

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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