Cybg Plc (CYBG) Insider Acquires £149.85 in Stock
Cybg Plc (LON:CYBG) insider Ian S. Smith purchased 45 shares of the stock in a transaction dated Monday, September 3rd. The shares were acquired at an average price of GBX 333 ($4.30) per share, with a total value of £149.85 ($193.30).
CYBG opened at GBX 337.40 ($4.35) on Wednesday. Cybg Plc has a 12-month low of GBX 257.10 ($3.32) and a 12-month high of GBX 341.60 ($4.41).
A number of research firms have recently weighed in on CYBG. Berenberg Bank reiterated a “buy” rating and set a GBX 350 ($4.51) price target on shares of Cybg in a report on Thursday, June 28th. Shore Capital reiterated a “hold” rating on shares of Cybg in a report on Monday, June 18th. JPMorgan Chase & Co. upgraded Cybg to a “neutral” rating and increased their price target for the stock from GBX 270 ($3.48) to GBX 310 ($4.00) in a report on Thursday, June 21st. Finally, Royal Bank of Canada reiterated a “sector performer” rating on shares of Cybg in a report on Tuesday, May 8th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 313 ($4.04).
CYBG PLC, through its subsidiaries, provides retail and business banking products and services to individuals and businesses under the Clydesdale Bank, Yorkshire Bank, and B brands in the United Kingdom. The company 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, invoice finance, and financing capital equipment purchases.
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