Cybg (LON:CYBG) Earns “Equal weight” Rating from Barclays

Barclays reaffirmed their equal weight rating on shares of Cybg (LON:CYBG) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also weighed in on CYBG. Citigroup boosted their target price on from GBX 1,300 ($16.99) to GBX 1,450 ($18.95) and gave the stock a buy rating in a research report on Friday, June 21st. Shore Capital reissued a hold rating on shares of in a report on Wednesday, June 19th. Investec lowered shares of Cybg to a hold rating and set a GBX 230 ($3.01) target price for the company. in a report on Monday, April 15th. Morgan Stanley reissued a top pick rating on shares of in a report on Wednesday, June 5th. Finally, UBS Group raised shares of to a neutral rating and increased their target price for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a report on Thursday, June 20th. Nine investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Cybg presently has a consensus rating of Hold and a consensus target price of GBX 243.46 ($3.18).

Shares of LON:CYBG opened at GBX 196.80 ($2.57) on Wednesday. Cybg has a fifty-two week low of GBX 172.10 ($2.25) and a fifty-two week high of GBX 367 ($4.80). The stock has a 50-day simple moving average of GBX 190.86. The stock has a market cap of $2.82 billion and a price-to-earnings ratio of -27.72.

About Cybg

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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Analyst Recommendations for Cybg (LON:CYBG)

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