Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. raised Cybg to a neutral rating and boosted their price target for the stock from GBX 270 ($3.52) to GBX 310 ($4.04) in a research note on Thursday, June 21st. Berenberg Bank reissued a buy rating and set a GBX 350 ($4.56) price target on shares of Cybg in a research note on Thursday, June 28th. Finally, UBS Group initiated coverage on Cybg in a research note on Tuesday, October 2nd. They set a sell rating and a GBX 311 ($4.05) price target on the stock. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of GBX 312.80 ($4.07).
Cybg stock opened at GBX 307 ($4.00) on Thursday. Cybg has a one year low of GBX 257.10 ($3.35) and a one year high of GBX 341.60 ($4.45).
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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