UBS Group reaffirmed their neutral rating on shares of Cybg (LON:CYBG) in a report issued on Monday, ThisIsMoney.Co.Uk reports.
Several other research firms have also issued reports on CYBG. Barclays reaffirmed an equal weight rating on shares of Cybg in a research report on Wednesday, July 17th. Citigroup reiterated a buy rating and issued a GBX 245 ($3.20) price objective on shares of Cybg in a report on Friday, June 21st. Royal Bank of Canada reiterated an outperform rating and issued a GBX 250 ($3.27) price objective on shares of Cybg in a report on Thursday, June 20th. Deutsche Bank lifted their price objective on Cybg from GBX 214 ($2.80) to GBX 220 ($2.87) and gave the stock a hold rating in a report on Wednesday, July 24th. Finally, Investec downgraded Cybg to a hold rating and set a GBX 230 ($3.01) price objective for the company. in a report on Monday, April 15th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Cybg presently has a consensus rating of Hold and an average price target of GBX 244.31 ($3.19).
CYBG opened at GBX 172.05 ($2.25) on Monday. The stock has a 50-day moving average of GBX 194.41. The stock has a market cap of $2.47 billion and a price-to-earnings ratio of -24.23. Cybg has a 1 year low of GBX 170.55 ($2.23) and a 1 year high of GBX 367 ($4.80).
CYBG PLC, through its subsidiaries, provides retail and business banking products and services to individuals and businesses under the Clydesdale Bank, Yorkshire Bank, B, and Virgin Money brands in the United Kingdom. It 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, and invoice and asset financing products and services.
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