Cybg Plc (LON:CYBG)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 145.65 ($1.90) and last traded at GBX 145.95 ($1.91), with a volume of 976565 shares traded. The stock had previously closed at GBX 154.60 ($2.02).
CYBG has been the topic of a number of recent analyst reports. Goldman Sachs Group lowered their target price on shares of Cybg from GBX 260 ($3.40) to GBX 250 ($3.27) and set a “neutral” rating on the stock in a research note on Thursday, May 23rd. Morgan Stanley raised their target price on shares of Cybg from GBX 200 ($2.61) to GBX 205 ($2.68) and gave the company an “equal weight” rating in a research note on Friday, July 26th. Citigroup reaffirmed a “buy” rating and issued a GBX 245 ($3.20) target price on shares of Cybg in a research note on Friday, June 21st. Deutsche Bank reaffirmed a “hold” rating on shares of Cybg in a research note on Wednesday, July 31st. Finally, UBS Group reaffirmed a “neutral” rating on shares of Cybg in a research note on Monday, July 29th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Cybg currently has a consensus rating of “Hold” and an average target price of GBX 244.31 ($3.19).
The stock has a market cap of $2.07 billion and a PE ratio of -20.31. The company has a fifty day moving average of GBX 186.03.
About Cybg (LON: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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