The stock of CYBG PLC (LON:CYBG) is a huge mover today! The stock decreased 1.55% or GBX 4.44 on November 23, hitting GBX 281.26. About 2.71M shares traded hands or 85.62% up from the average. CYBG PLC (LON:CYBG) has risen 22.62% since April 22, 2016 and is uptrending. It has outperformed by 17.29% the S&P500.
The move comes after 8 months negative chart setup for the GBX 2.48 billion company. It was reported on Nov, 23 by Barchart.com. We have GBX 261.57 PT which if reached, will make LON:CYBG worth GBX 173.60M less.
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. GBX 340 is the highest target while GBX 200 is the lowest. The GBX 230.71 average target is -17.97% below today’s (GBX 281.26) stock price. CYBG Plc has been the topic of 25 analyst reports since March 14, 2016 according to StockzIntelligence Inc. The company was maintained on Monday, August 15 by RBC Capital Markets. On Tuesday, November 22 the stock rating was maintained by Numis Securities with “Reduce”. The firm earned “Neutral” rating on Wednesday, May 25 by JP Morgan. JP Morgan maintained it with “Neutral” rating and GBX 235 target price in Thursday, May 12 report. The firm has “Reduce” rating by Numis Securities given on Wednesday, October 26. The stock has “Neutral” rating given by Goldman Sachs on Tuesday, November 15. The firm earned “Underweight” rating on Wednesday, November 23 by JP Morgan. The stock of CYBG PLC (LON:CYBG) has “Underweight” rating given on Wednesday, September 14 by JP Morgan. The firm has “Outperform” rating given on Wednesday, May 25 by RBC Capital Markets. The firm earned “Underperform” rating on Tuesday, October 4 by RBC Capital Markets.
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.
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.
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