Royal Bank of Canada reiterated their outperform rating on shares of Cybg (LON:CYBG) in a research report sent to investors on Thursday morning, Digital Look reports. They currently have a GBX 250 ($3.27) target price on the stock.
CYBG has been the subject of several other reports. Shore Capital reiterated a buy rating on shares of Cybg in a research note on Wednesday, June 19th. Morgan Stanley cut their price target on shares of Cybg from GBX 235 ($3.07) to GBX 200 ($2.61) and set an equal weight rating for the company in a report on Wednesday, June 5th. Investec lowered shares of Cybg to a hold rating and set a GBX 230 ($3.01) price target for the company. in a report on Monday, April 15th. UBS Group cut their price target on shares of Cybg from GBX 200 ($2.61) to GBX 193 ($2.52) and set a neutral rating for the company in a report on Monday, February 25th. Finally, Goldman Sachs Group boosted their price target on shares of Cybg from GBX 235 ($3.07) to GBX 260 ($3.40) and gave the stock a neutral rating in a report on Tuesday, March 12th. Nine research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Cybg has an average rating of Hold and a consensus target price of GBX 241.54 ($3.16).
CYBG opened at GBX 192.55 ($2.52) on Thursday. Cybg has a 1 year low of GBX 172.10 ($2.25) and a 1 year high of GBX 367 ($4.80). The firm has a market capitalization of $2.76 billion and a P/E ratio of -27.12.
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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