Cybg (CYBG) Given Hold Rating at Shore Capital

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

Several other equities research analysts also recently issued reports on the stock. Citigroup reiterated a sell rating on shares of Cybg in a research note on Wednesday. Jefferies Group reiterated a hold rating and issued a GBX 294 ($3.96) target price on shares of Cybg in a research note on Friday, December 1st. Numis Securities raised their target price on shares of Cybg from GBX 210 ($2.83) to GBX 250 ($3.36) and gave the company a sell rating in a research note on Thursday, November 23rd. J P Morgan Chase & Co reiterated an underweight rating and issued a GBX 220 ($2.96) target price on shares of Cybg in a research note on Wednesday, November 22nd. Finally, Shore Capital Group reissued a hold rating and issued a GBX 345 ($4.64) price target on shares of Cybg in a report on Thursday, November 2nd. Five research analysts have rated the stock with a sell rating and six have given a hold rating to the company’s stock. The company has an average rating of Hold and a consensus price target of GBX 278.70 ($3.75).

Shares of Cybg (CYBG) traded up GBX 5.24 ($0.07) during trading hours on Friday, reaching GBX 326.84 ($4.40). 1,790,000 shares of the company traded hands, compared to its average volume of 1,410,000. Cybg has a twelve month low of GBX 257.10 ($3.46) and a twelve month high of GBX 328 ($4.41).

The business also recently declared a dividend, which will be paid on Friday, February 16th. Shareholders of record on Thursday, January 18th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, January 18th. This represents a yield of 0.32%.

In other Cybg news, insider Tim Wade bought 20,000 shares of the stock in a transaction dated Wednesday, November 22nd. The shares were bought at an average cost of GBX 321 ($4.32) per share, with a total value of £64,200 ($86,406.46). Also, insider Debbie Crosbie bought 159 shares of the stock in a transaction dated Friday, November 24th. The shares were acquired at an average cost of GBX 313 ($4.21) per share, for a total transaction of £497.67 ($669.81). Over the last three months, insiders acquired 20,302 shares of company stock worth $6,514,655.

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Cybg Company Profile

CYBG PLC is a United Kingdom-based company, which intends to be the holding company for CYB Investments Limited (CYBI) and Clydesdale Bank PLC (Clydesdale Bank). The Company will own National Australia Bank Limited’s Clydesdale and Yorkshire Bank operations (the Clydesdale Bank business). Clydesdale Bank provides the United Kingdom retail and small and medium enterprises (SME) banking services.

Analyst Recommendations for Cybg (LON:CYBG)

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