Cybg Plc (LON:CYBG) has received a consensus recommendation of “Hold” from the eleven brokerages that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 271.33 ($3.68).
Several research analysts have recently issued reports on CYBG shares. Shore Capital Group reaffirmed a “hold” rating and set a GBX 345 ($4.68) price target on shares of Cybg in a research note on Thursday, November 2nd. Numis Securities reaffirmed a “sell” rating and set a GBX 210 ($2.85) price target on shares of Cybg in a research note on Thursday, November 2nd. Citigroup reaffirmed a “sell” rating on shares of Cybg in a research note on Wednesday, December 6th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 220 ($2.98) target price on shares of Cybg in a research note on Wednesday, November 22nd. Finally, Shore Capital reissued a “hold” rating and issued a GBX 345 ($4.68) target price on shares of Cybg in a research note on Thursday, November 2nd.
Shares of Cybg (CYBG) opened at GBX 328.20 ($4.45) on Wednesday. The company has a market cap of $2,910.00 and a price-to-earnings ratio of 1,930.59. Cybg has a 1 year low of GBX 257.10 ($3.49) and a 1 year high of GBX 341.60 ($4.63).
In other news, insider Tim Wade bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The stock was acquired at an average price of GBX 321 ($4.35) per share, for a total transaction of £64,200 ($87,062.65). Also, insider Ian S. Smith sold 8,510 shares of the business’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of GBX 337 ($4.57), for a total value of £28,678.70 ($38,891.65). Insiders have bought a total of 20,298 shares of company stock valued at $6,514,687 in the last quarter.
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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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