Brokerages Set CYBG plc (CYBG) Target Price at $300.70

Shares of CYBG plc (LON:CYBG) have earned an average rating of “Hold” from the eleven brokerages that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 314.14 ($4.26).

Several analysts have recently commented on the company. JPMorgan Chase reissued an “underweight” rating on shares of CYBG in a report on Wednesday. Shore Capital reaffirmed a “hold” rating on shares of CYBG in a report on Tuesday. Berenberg Bank reaffirmed a “buy” rating and set a GBX 350 ($4.75) price objective on shares of CYBG in a report on Tuesday, May 8th. Royal Bank of Canada reaffirmed a “sector performer” rating on shares of CYBG in a report on Tuesday, May 8th. Finally, Deutsche Bank reduced their price objective on CYBG from GBX 264 ($3.58) to GBX 248 ($3.36) and set a “sell” rating for the company in a report on Thursday, April 19th.

Shares of CYBG traded down GBX 5.40 ($0.07) during mid-day trading on Tuesday, hitting GBX 296.60 ($4.02). The company’s stock had a trading volume of 833,823 shares, compared to its average volume of 1,690,000. CYBG has a 1-year low of GBX 257.10 ($3.49) and a 1-year high of GBX 341.60 ($4.63).

CYBG Company Profile

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.

Analyst Recommendations for CYBG (LON:CYBG)

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