Cybg (CYBG) Rating Reiterated by Shore Capital
Cybg (LON:CYBG)‘s stock had its “hold” rating reaffirmed by analysts at Shore Capital in a research report issued to clients and investors on Friday.
Other equities research analysts have also issued reports about the company. Shore Capital Group restated a “hold” rating and set a GBX 345 ($4.64) price target on shares of Cybg in a research note on Thursday, November 2nd. Numis Securities restated a “sell” rating and set a GBX 210 ($2.83) price target on shares of Cybg in a research note on Thursday, November 2nd. Citigroup restated a “sell” rating on shares of Cybg in a research note on Wednesday. J P Morgan Chase & Co restated an “underweight” rating and set a GBX 220 ($2.96) price target on shares of Cybg in a research note on Wednesday, November 22nd. Finally, Royal Bank Of Canada restated an “underperform” rating and set a GBX 205 ($2.76) price target on shares of Cybg in a research note on Monday, September 4th. Five equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 278.70 ($3.75).
Shares of Cybg (LON:CYBG) opened at GBX 326.84 ($4.40) on Friday. Cybg has a 12 month low of GBX 257.10 ($3.46) and a 12 month high of GBX 328 ($4.41).
In other Cybg news, insider Tim Wade purchased 20,000 shares of Cybg stock in a transaction that occurred on Wednesday, November 22nd. The stock was purchased at an average price of GBX 321 ($4.32) per share, with a total value of £64,200 ($86,406.46). Also, insider Debbie Crosbie purchased 159 shares of Cybg stock in a transaction that occurred on Friday, November 24th. The stock was acquired at an average cost of GBX 313 ($4.21) per share, with a total value of £497.67 ($669.81). In the last quarter, insiders bought 20,302 shares of company stock valued at $6,514,655.
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Cybg 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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