Is Buying CYBG PLC Here a Winning Strategy?

 Is Buying CYBG PLC Here a Winning Strategy?

The stock of CYBG PLC (LON:CYBG) is a huge mover today! The stock increased 3.29% or GBX 8.76 on November 3, hitting GBX 275.06. About 3.02M shares traded hands or 111.19% up from the average. CYBG PLC (LON:CYBG) has risen 32.64% since April 5, 2016 and is uptrending. It has outperformed by 31.43% the S&P500.
The move comes after 7 months positive chart setup for the GBX 2.42B company. It was reported on Nov, 3 by Barchart.com. We have GBX 415.34 PT which if reached, will make LON:CYBG worth GBX 1.23B more.

CYBG PLC (LON:CYBG) Ratings Coverage

Out of 8 analysts covering CYBG Plc (LON:CYBG), 1 rate it a “Buy”, 5 “Sell”, while 2 “Hold”. This means 13% are positive. CYBG Plc has been the topic of 21 analyst reports since March 14, 2016 according to StockzIntelligence Inc. JP Morgan maintained CYBG PLC (LON:CYBG) rating on Monday, September 12. JP Morgan has “Underweight” rating and GBX 200 price target. The stock of CYBG PLC (LON:CYBG) has “Sell” rating given on Monday, September 12 by Citigroup. The firm has “Underperform” rating by RBC Capital Markets given on Wednesday, September 14. JP Morgan maintained the stock with “Neutral” rating in Wednesday, May 25 report. The firm has “Sell” rating by Citigroup given on Friday, September 23. JP Morgan maintained CYBG PLC (LON:CYBG) rating on Thursday, May 12. JP Morgan has “Neutral” rating and GBX 235 price target. On Thursday, October 27 the stock rating was maintained by Macquarie Research with “Neutral”. The stock of CYBG PLC (LON:CYBG) earned “Underweight” rating by JP Morgan on Wednesday, September 14. RBC Capital Markets maintained CYBG PLC (LON:CYBG) rating on Monday, August 15. RBC Capital Markets has “Underperform” rating and GBX 210 price target. The firm earned “Outperform” rating on Wednesday, May 25 by Macquarie Research.

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. Wsj.com‘s article titled: “National Australia Bank Floats UK Banking Arm CYBG at Sharp Discount” and published on February 03, 2016 is yet another important article.

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 2.42 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.

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