A statement released earlier today by Goldman Sachs about CYBG Plc (LON:CYBG) ups the target price to 330.00GBX
- Updated: November 27, 2016
In a report released on 11/28/2016 Goldman Sachs increased the stock price target of CYBG Plc (LON:CYBG) from 250.00GBX to 330.00GBX reporting a possible upside of 0%.
Previously on 11/23/2016, JP Morgan Cazenove reported on CYBG Plc (LON:CYBG) held steady the target price at 220.00GBX. At the time, this indicated a possible downside of -0.22%.
Just yesterday CYBG Plc (LON:CYBG) traded 2.76% higher at 0.00GBX. CYBG Plc’s 50-day moving average is 276.67GBX and its 200-day moving average is 261.08GBX. The last closing price is down 6.94% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 163,517 shares of CYBG traded hands, down from an average trading volume of 1,704,370
Recent Performance Chart
CYBG Plc has 52 week low of 179.00GBX and a 52 week high of 306.90GBX and has a market capitalization of 0 GBX.
In addition to Goldman Sachs reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is 218.57GBX with 1 broker rating the stock a strong buy, 2 brokers rating the stock a buy, 2 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On CYBG Plc (LON:CYBG)
CYBG PLC is a United Kingdom-based company, which intends to be the holding company for CYB Investments Limited (CYBI) and Clydesdale Bank PLC (Clydesdale Bank). The Company will own National Australia Bank Limited's Clydesdale and Yorkshire Bank operations (the Clydesdale Bank business). Clydesdale Bank provides the United Kingdom retail and small and medium enterprises (SME) banking services. Clydesdale Bank's products and services include mortgages, current accounts, deposits, term lending, personal loans, working capital solutions, overdrafts, credit cards and payment and transaction services. Clydesdale Bank consists of approximately 120 Clydesdale Bank-branded branches and approximately 150 Yorkshire Bank-branded branches. CYBI is a holding company that undertakes limited economic activity beyond its principal activity, with all operations undertaken through United Kingdom registered entities.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.