CYBG (LON:CYBG)‘s stock had its “hold” rating reaffirmed by stock analysts at Shore Capital in a research note issued on Wednesday. They presently have a GBX 304 ($4.35) target price on the stock. Shore Capital’s target price would suggest a potential upside of 2.91% from the company’s previous close.
Several other brokerages have also recently issued reports on CYBG. Berenberg Bank assumed coverage on shares of CYBG in a research note on Wednesday, January 17th. They set a “buy” rating and a GBX 375 ($5.37) price objective for the company. Deutsche Bank reaffirmed a “sell” rating and set a GBX 281 ($4.02) price objective on shares of CYBG in a research note on Friday, January 26th. Jefferies Group raised shares of CYBG to a “buy” rating and set a GBX 366 ($5.24) price objective for the company in a research note on Monday, March 12th. JPMorgan Chase reaffirmed an “underweight” rating and set a GBX 270 ($3.87) price objective on shares of CYBG in a research note on Thursday, February 1st. Finally, Citigroup reaffirmed a “sell” rating on shares of CYBG in a research note on Monday, February 12th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 300.92 ($4.31).
Shares of LON CYBG opened at GBX 295.40 ($4.23) on Wednesday. CYBG has a 12-month low of GBX 257.10 ($3.68) and a 12-month high of GBX 341.60 ($4.89).
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CYBG Company Profile
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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