CYBG plc (CYBG) Insider Ian S. Smith Buys 52 Shares

CYBG plc (LON:CYBG) insider Ian S. Smith bought 52 shares of the business’s stock in a transaction that occurred on Tuesday, April 3rd. The shares were acquired at an average price of GBX 291 ($4.08) per share, with a total value of £151.32 ($212.41).

CYBG opened at GBX 304.60 ($4.28) on Friday. CYBG plc has a 1-year low of GBX 257.10 ($3.61) and a 1-year high of GBX 341.60 ($4.80).

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Several analysts recently issued reports on the stock. Berenberg Bank restated a “buy” rating and set a GBX 375 ($5.26) target price on shares of CYBG in a research report on Thursday. BNP Paribas boosted their target price on shares of CYBG from GBX 280 ($3.93) to GBX 330 ($4.63) and gave the company a “neutral” rating in a research report on Thursday. Deutsche Bank restated a “sell” rating and set a GBX 281 ($3.94) target price on shares of CYBG in a research report on Wednesday. Citigroup restated a “sell” rating on shares of CYBG in a research report on Monday, February 12th. Finally, Shore Capital restated a “hold” rating on shares of CYBG in a research report on Friday, December 8th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. CYBG has an average rating of “Hold” and an average target price of GBX 309.17 ($4.34).

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About CYBG

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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