Cybg Plc (CYBG) Receives GBX 271.33 Consensus PT from Brokerages

Shares of Cybg Plc (LON:CYBG) have been assigned a consensus rating of “Hold” from the twelve analysts that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 273.30 ($3.71).

Several analysts have issued reports on CYBG shares. Jefferies Group upped their price objective on Cybg from GBX 254 ($3.44) to GBX 294 ($3.99) and gave the company a “hold” rating in a research note on Friday, November 10th. Numis Securities upped their target price on Cybg from GBX 210 ($2.85) to GBX 250 ($3.39) and gave the company a “sell” rating in a report on Thursday, November 23rd. Shore Capital reaffirmed a “hold” rating on shares of Cybg in a report on Tuesday, November 21st. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 220 ($2.98) target price on shares of Cybg in a report on Tuesday, September 19th. Finally, Citigroup reaffirmed a “sell” rating on shares of Cybg in a report on Wednesday, December 6th.

In other Cybg news, insider Debbie Crosbie acquired 159 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was acquired at an average cost of GBX 313 ($4.24) per share, with a total value of £497.67 ($674.90). Also, insider Ian S. Smith sold 8,510 shares of the stock in a transaction that occurred on 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 purchased a total of 20,298 shares of company stock valued at $6,514,687 over the last three months.

Shares of Cybg (LON:CYBG) traded up GBX 0.20 ($0.00) during midday trading on Wednesday, reaching GBX 327.60 ($4.44). The company’s stock had a trading volume of 2,030,000 shares, compared to its average volume of 1,120,000. Cybg has a 12-month low of GBX 257.10 ($3.49) and a 12-month high of GBX 341.60 ($4.63). The firm has a market capitalization of $2,900.00 and a PE ratio of 1,927.06.

The firm also recently disclosed a dividend, which will be paid on Friday, February 16th. Investors of record on Thursday, January 18th will be issued a GBX 1 ($0.01) dividend. This represents a yield of 0.32%. The ex-dividend date is Thursday, January 18th.

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About Cybg

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.

Analyst Recommendations for Cybg (LON:CYBG)

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