Cybg Plc (CYBG) Declares Dividend of GBX 1
Cybg Plc (LON:CYBG) announced a dividend on Tuesday, November 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, January 18th will be paid a dividend of GBX 1 ($0.01) per share on Friday, February 16th. This represents a yield of 0.32%. The ex-dividend date of this dividend is Thursday, January 18th. The official announcement can be viewed at this link.
Shares of Cybg (LON:CYBG) opened at GBX 327.60 ($4.44) on Friday. Cybg has a 1 year low of GBX 257.10 ($3.49) and a 1 year high of GBX 341.60 ($4.63). The firm has a market cap of $2,900.00 and a price-to-earnings ratio of 1,927.06.
A number of equities research analysts recently weighed in on the stock. Shore Capital reissued a “hold” rating on shares of Cybg in a research report on Friday, December 8th. Deutsche Bank assumed coverage on shares of Cybg in a research report on Wednesday. They issued a “sell” rating and a GBX 291 ($3.95) price target for the company. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 220 ($2.98) price target on shares of Cybg in a research report on Wednesday, November 22nd. Numis Securities boosted their price target on shares of Cybg from GBX 210 ($2.85) to GBX 250 ($3.39) and gave the company a “sell” rating in a research report on Thursday, November 23rd. Finally, Citigroup reissued a “sell” rating on shares of Cybg in a research report on Wednesday, December 6th. Six analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 279.82 ($3.79).
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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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