November 30, 2016 - By Marie Mckinney
In a a note issued today, Exane BNP Paribas analysts began CYBG Plc (LON:CYBG) coverage with a “Neutral” rating, and a GBX 280.00 target.
Out of 9 analysts covering CYBG Plc (LON:CYBG), 2 rate it a “Buy”, 5 “Sell”, while 2 “Hold”. This means 22% are positive. GBX 340 is the highest target while GBX 200 is the lowest. The GBX 246.88 average target is -12.14% below today’s (GBX 281) stock price. CYBG Plc has been the topic of 27 analyst reports since March 14, 2016 according to StockzIntelligence Inc. JP Morgan maintained it with “Underweight” rating and GBX 200 target price in Tuesday, July 26 report. The rating was upgraded by Goldman Sachs to “Buy” on Monday, November 28. The rating was maintained by Numis Securities with “Reduce” on Tuesday, November 22. The firm has “Neutral” rating given on Wednesday, May 25 by JP Morgan. JP Morgan maintained CYBG PLC (LON:CYBG) rating on Wednesday, September 14. JP Morgan has “Underweight” rating and GBX 200 price target. The stock of CYBG PLC (LON:CYBG) earned “Neutral” rating by Goldman Sachs on Tuesday, November 15. The firm earned “Sell” rating on Monday, September 12 by Citigroup. The rating was maintained by RBC Capital Markets on Wednesday, May 25 with “Outperform”. The stock has “Reduce” rating given by Numis Securities on Wednesday, October 26. The firm has “Underperform” rating by RBC Capital Markets given on Tuesday, October 4.
About 355,083 shares traded hands. CYBG PLC (LON:CYBG) has risen 26.04% since April 29, 2016 and is uptrending. It has outperformed by 20.82% 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.
Another recent and important CYBG PLC (LON:CYBG) news was published by Moodys.com which published an article titled: “Moody’s assigns a Ba1 rating to CYBG PLC’s Tier 2 notes” on September 16, 2016.
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