Shares of Cybg Plc (CYBG) traded down 3.01% during midday trading on Wednesday, reaching GBX 283.20. The company’s stock had a trading volume of 2,593,966 shares. The company’s market capitalization is GBX 2.50 billion. Cybg Plc has a one year low of GBX 236.90 and a one year high of GBX 306.90. The stock’s 50-day moving average is GBX 276.19 and its 200-day moving average is GBX 276.08.
Cybg Plc (LON:CYBG) insider Ian S. Smith bought 52 shares of the company’s stock in a transaction dated Tuesday, August 1st. The stock was bought at an average price of GBX 289 ($3.81) per share, with a total value of £150.28 ($198.23).
CYBG has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated an “underperform” rating and issued a GBX 200 ($2.64) target price on shares of Cybg Plc in a report on Wednesday, April 12th. Panmure Gordon reiterated a “sell” rating and issued a GBX 245 ($3.23) target price on shares of Cybg Plc in a report on Tuesday, May 16th. Numis Securities Ltd reiterated a “sell” rating and issued a GBX 210 ($2.77) target price on shares of Cybg Plc in a report on Tuesday, May 16th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a GBX 310 ($4.09) target price on shares of Cybg Plc in a report on Monday, June 12th. Finally, Macquarie restated a “neutral” rating and set a GBX 293 ($3.86) price objective on shares of Cybg Plc in a report on Thursday, April 6th. Five investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 250.25 ($3.30).
Cybg Plc Company Profile
CYBG PLC is a United Kingdom-based company, which intends to be the holding company for CYB Investments Limited (CYBI) and Clydesdale Bank PLC (Clydesdale Bank). The Company will own National Australia Bank Limited’s Clydesdale and Yorkshire Bank operations (the Clydesdale Bank business). Clydesdale Bank provides the United Kingdom retail and small and medium enterprises (SME) banking services.