CYB - Citi rates the stock as Sell
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Following a noticeable weakening in the share price, down -13% year-to-date, Citi analysts believe risk is now more evenly balanced, hence why they have upgraded their view to Neutral from Sell.
Citi retains a close watch on the outlook for Net Interest Margin (NIM), expecting downward pressure, but also suggests cost savings might provide compensation. There's ongoing potential for capital return, on Citi's projections.Target price lifts to GBP3.
Current Price is $5.41. Target price not assessed.
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