Trade Report: The Cybg Plc (CYBG) Upgrade by Goldman Sachs Group Inc. to “Buy”

The Cybg Plc (CYBG) Upgrade by Goldman Sachs Group Inc. to “Buy”

Cybg Plc (LON:CYBG) was upgraded by analysts at Goldman Sachs Group Inc. to a “buy” rating in a report released on Monday. The brokerage currently has a GBX 330 ($4.12) price target on the stock, up from their previous price target of GBX 250 ($3.12). Goldman Sachs Group Inc.’s price objective points to a potential upside of 21.61% from the stock’s current price.

CYBG has been the subject of a number of other reports. Royal Bank Of Canada reiterated an “underperform” rating and set a GBX 200 ($2.50) price target on shares of Cybg Plc in a report on Tuesday, October 4th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 200 ($2.50) price target on shares of Cybg Plc in a report on Monday, September 12th. Macquarie reiterated a “neutral” rating and set a GBX 265 ($3.31) price target on shares of Cybg Plc in a report on Thursday, October 27th. Jefferies Group initiated coverage on shares of Cybg Plc in a report on Monday, October 3rd. They set an “underperform” rating and a GBX 205 ($2.56) price target for the company. Finally, Citigroup Inc. reiterated a “sell” rating on shares of Cybg Plc in a report on Monday, September 12th. Five analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. Cybg Plc presently has a consensus rating of “Hold” and a consensus target price of GBX 242.14 ($3.03).

Cybg Plc (LON:CYBG) opened at 276.90 on Monday. Cybg Plc has a 52-week low of GBX 179.00 and a 52-week high of GBX 306.90. The company’s 50 day moving average is GBX 276.67 and its 200-day moving average is GBX 261.08. The company’s market capitalization is GBX 2.44 billion.

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