November 23, 2016 - By Richard Conner
Macquarie have a GBX 270.00 TP on the stock. The TP suggests a potential downside of -4.59% from CYBG Plc (LON:CYBG)‘s current stock price. This rating was revealed to investors in analysts report on Wednesday, 23 November.
Out of 8 analysts covering CYBG Plc (LON:CYBG), 1 rate it a “Buy”, 5 “Sell”, while 2 “Hold”. This means 13% are positive. GBX 340 is the highest target while GBX 200 is the lowest. The GBX 230.71 average target is -18.13% below today’s (GBX 281.8) stock price. CYBG Plc has been the topic of 25 analyst reports since March 14, 2016 according to StockzIntelligence Inc. The firm has “Neutral” rating by JP Morgan given on Wednesday, May 25. As per Tuesday, July 26, the company rating was maintained by JP Morgan. The stock has “Underperform” rating given by RBC Capital Markets on Monday, August 15. JP Morgan maintained it with “Underweight” rating and GBX 200 target price in Monday, September 12 report. Numis Securities maintained CYBG PLC (LON:CYBG) on Tuesday, November 22 with “Reduce” rating. Numis Securities maintained CYBG PLC (LON:CYBG) on Wednesday, October 26 with “Reduce” rating. JP Morgan maintained the stock with “Underweight” rating in Friday, July 29 report. RBC Capital Markets maintained CYBG PLC (LON:CYBG) rating on Wednesday, September 14. RBC Capital Markets has “Underperform” rating and GBX 200 price target. The stock of CYBG PLC (LON:CYBG) has “Neutral” rating given on Wednesday, November 23 by Macquarie Research. RBC Capital Markets maintained CYBG PLC (LON:CYBG) on Tuesday, October 4 with “Underperform” rating.
About 453,682 shares traded hands. CYBG PLC (LON:CYBG) has risen 22.62% since April 22, 2016 and is uptrending. It has outperformed by 17.29% the S&P500.
CYBG PLC is a United Kingdom-based company, which intends to be the holding firm for CYB Investments Limited and Clydesdale Bank PLC (Clydesdale Bank). The company has a market cap of 2.48 billion GBP. The Firm will own National Australia Bank Limited’s Clydesdale and Yorkshire Bank activities (the Clydesdale Bank business). It currently has negative earnings. Clydesdale Bank provides the United Kingdom retail and small and medium enterprises (SME) banking services.
Cybergy Holdings, Inc., incorporated on March 16, 2006, is a holding firm for its subsidiary, Cybergy Partners, Inc. (Partners). The Firm is engaged in delivering technology-enabled services and products in clean energy, smart grid, energy resilience, cybersecurity, and business growth services.
More news for CYBG PLC (LON:CYBG) were recently published by: Moodys.com, which released: “Moody’s assigns a Ba1 rating to CYBG PLC’s Tier 2 notes” on September 16, 2016. Fool.com.Au‘s article titled: “CYBG PLC CDI 1:1: Why the Clydesdale Bank share price is going nuts today” and published on May 25, 2016 is yet another important article.
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