Today: Cybg Plc (CYBG) Upgrade to “Buy” at Goldman Sachs Group Inc.

Today: Cybg Plc (CYBG) Upgrade to “Buy” at Goldman Sachs Group Inc.

Cybg Plc (LON:CYBG) was upgraded by analysts at Goldman Sachs Group Inc. to a “buy” rating in a research note issued on Monday. The brokerage currently has a GBX 330 ($4.09) price objective on the stock, up from their previous price objective of GBX 250 ($3.10). Goldman Sachs Group Inc.’s price target points to a potential upside of 21.61% from the company’s current price.

CYBG has been the topic of a number of other reports. Macquarie boosted their target price on Cybg Plc from GBX 265 ($3.29) to GBX 270 ($3.35) and gave the stock a “neutral” rating in a research report on Wednesday, November 23rd. Credit Suisse Group AG reiterated an “outperform” rating on shares of Cybg Plc in a research report on Tuesday, October 25th. Royal Bank Of Canada boosted their target price on Cybg Plc from GBX 200 ($2.48) to GBX 210 ($2.61) and gave the stock an “underperform” rating in a research report on Monday, August 15th. Citigroup Inc. reiterated a “sell” rating on shares of Cybg Plc in a research report on Friday, September 23rd. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 200 ($2.48) target price on shares of Cybg Plc in a research report on Monday, September 12th. Five investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 242.14 ($3.00).

Shares of Cybg Plc (LON:CYBG) traded up 3.28% during trading on Monday, reaching GBX 280.60. The company had a trading volume of 2,274,882 shares. The firm has a 50-day moving average of GBX 277.32 and a 200 day moving average of GBX 262.01. The firm’s market capitalization is GBX 2.47 billion. Cybg Plc has a 52 week low of GBX 179.00 and a 52 week high of GBX 306.90.

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