Cybg Plc (CYBG) Given Consensus Rating of “Hold” by Analysts
Cybg Plc (LON:CYBG) has been given an average rating of “Hold” by the ten ratings firms that are presently covering the company, MarketBeat.com reports. Three 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. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 314.14 ($4.09).
CYBG has been the subject of several research reports. Shore Capital reissued a “hold” rating on shares of Cybg in a research report on Monday, July 30th. JPMorgan Chase & Co. raised Cybg to a “neutral” rating and increased their target price for the stock from GBX 270 ($3.52) to GBX 310 ($4.04) in a research report on Thursday, June 21st. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 350 ($4.56) target price on shares of Cybg in a research report on Thursday, June 28th.
In related news, insider Debbie Crosbie sold 19,655 shares of the firm’s stock in a transaction that occurred on Wednesday, June 20th. The stock was sold at an average price of GBX 306 ($3.99), for a total transaction of £60,144.30 ($78,343.49). Insiders bought a total of 134 shares of company stock valued at $44,804 in the last three months.
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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