Several other equities research analysts also recently issued reports on CYBG. Berenberg Bank initiated coverage on shares of CYBG in a research note on Wednesday, January 17th. They issued a buy rating and a GBX 375 ($5.09) target price for the company. Deutsche Bank reiterated a sell rating and issued a GBX 281 ($3.81) target price on shares of CYBG in a research note on Friday, January 26th. JPMorgan Chase reiterated an underweight rating and issued a GBX 270 ($3.66) target price on shares of CYBG in a research note on Thursday, February 1st. Citigroup reiterated a sell rating on shares of CYBG in a research note on Monday, February 12th. Finally, Royal Bank of Canada upgraded shares of CYBG to a sector performer rating and raised their target price for the company from GBX 240 ($3.26) to GBX 300 ($4.07) in a research note on Wednesday, February 14th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 308.70 ($4.19).
Shares of LON:CYBG opened at GBX 295.20 ($4.00) on Tuesday. CYBG has a 52-week low of GBX 257.10 ($3.49) and a 52-week high of GBX 341.60 ($4.63).
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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