A Reversal for CYBG PLC Is Not Near. The Stock Rises Again

 A Reversal for CYBG PLC Is Not Near. The Stock Rises Again

The stock of CYBG PLC (LON:CYBG) is a huge mover today! The stock decreased 0.18% or GBX 0.5 on November 29, hitting GBX 280.1. About 2.48 million shares traded hands or 56.96% up from the average. CYBG PLC (LON:CYBG) has risen 23.61% since April 28, 2016 and is uptrending. It has outperformed by 18.35% the S&P500.
The move comes after 8 months positive chart setup for the GBX 2.47B company. It was reported on Nov, 29 by Barchart.com. We have GBX 294.11 PT which if reached, will make LON:CYBG worth GBX 123.50 million more.

CYBG PLC (LON:CYBG) Ratings Coverage

Out of 8 analysts covering CYBG Plc (LON:CYBG), 2 rate it a “Buy”, 5 “Sell”, while 1 “Hold”. This means 25% are positive. CYBG Plc has been the topic of 26 analyst reports since March 14, 2016 according to StockzIntelligence Inc. Numis Securities maintained the stock with “Reduce” rating in Tuesday, November 22 report. The firm has “Buy” rating by Goldman Sachs given on Monday, November 28. JP Morgan maintained the shares of CYBG in a report on Tuesday, July 26 with “Underweight” rating. The rating was maintained by RBC Capital Markets on Wednesday, September 14 with “Underperform”. The stock has “Sell” rating given by Citigroup on Monday, September 12. The firm earned “Neutral” rating on Thursday, May 12 by JP Morgan. The company was maintained on Wednesday, October 26 by Numis Securities. The stock of CYBG PLC (LON:CYBG) has “Underweight” rating given on Monday, September 12 by JP Morgan. The firm earned “Underperform” rating on Monday, August 15 by RBC Capital Markets. RBC Capital Markets maintained CYBG PLC (LON:CYBG) on Wednesday, May 25 with “Outperform” rating.

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 2.47 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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