Cybg’s (CYBG) “Hold” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their hold rating on shares of Cybg (LON:CYBG) in a research report sent to investors on Monday.

Several other research firms have also weighed in on CYBG. Barclays initiated coverage on shares of Cybg in a report on Tuesday, October 23rd. They issued an underweight rating and a GBX 280 ($3.66) target price on the stock. UBS Group raised shares of Cybg to a neutral rating and lowered their target price for the stock from GBX 311 ($4.06) to GBX 273 ($3.57) in a report on Thursday, October 25th. Finally, Berenberg Bank lowered shares of Cybg to a hold rating and set a GBX 350 ($4.57) target price on the stock. in a report on Monday, September 17th. Four analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of GBX 298.50 ($3.90).

CYBG opened at GBX 197.70 ($2.58) on Monday. Cybg has a twelve month low of GBX 257.10 ($3.36) and a twelve month high of GBX 341.60 ($4.46).

The company also recently announced a dividend, which will be paid on Friday, February 15th. Stockholders of record on Thursday, January 17th will be issued a GBX 3.10 ($0.04) dividend. This is a positive change from Cybg’s previous dividend of $1.00. The ex-dividend date is Thursday, January 17th. This represents a dividend yield of 1.5%.

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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Analyst Recommendations for Cybg (LON:CYBG)

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