Goldman Sachs Group Increases Cybg (CYBG) Price Target to GBX 260

Cybg (LON:CYBG) had its price target boosted by Goldman Sachs Group from GBX 235 ($3.07) to GBX 260 ($3.40) in a research report released on Tuesday morning. The brokerage currently has a neutral rating on the stock.

Several other research analysts also recently weighed in on the stock. Shore Capital restated a buy rating on shares of Cybg in a research note on Friday, February 22nd. UBS Group decreased their target price on shares of Cybg from GBX 200 ($2.61) to GBX 193 ($2.52) and set a neutral rating for the company in a research note on Monday, February 25th. Barclays upped their target price on shares of Cybg from GBX 220 ($2.87) to GBX 230 ($3.01) and gave the company an underweight rating in a research note on Thursday, February 7th. Finally, JPMorgan Chase & Co. upgraded shares of Cybg to a neutral rating and decreased their target price for the company from GBX 310 ($4.05) to GBX 220 ($2.87) in a research note on Tuesday, December 18th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 253.56 ($3.31).

Cybg stock opened at GBX 201.20 ($2.63) on Tuesday. Cybg has a 52-week low of GBX 172.10 ($2.25) and a 52-week high of GBX 367 ($4.80). The firm has a market capitalization of $2.91 billion and a PE ratio of -10.21.

In related news, insider David Duffy sold 184,681 shares of the stock in a transaction dated Friday, February 15th. The shares were sold at an average price of GBX 187 ($2.44), for a total value of £345,353.47 ($451,265.48). In the last ninety days, insiders purchased 245 shares of company stock worth $45,095.

About 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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Analyst Recommendations for Cybg (LON:CYBG)

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