Virgin Money Holdings PLC (LON:VM)‘s stock had its “buy” rating restated by stock analysts at Shore Capital in a report released on Tuesday, October 17th.
A number of other research analysts have also weighed in on VM. Goldman Sachs Group, Inc. (The) dropped their price objective on Virgin Money Holdings PLC from GBX 370 ($4.88) to GBX 330 ($4.35) and set a “neutral” rating on the stock in a report on Thursday, June 22nd. Barclays PLC reissued an “overweight” rating and issued a GBX 380 ($5.01) target price on shares of Virgin Money Holdings PLC in a report on Wednesday, June 28th. Investec reissued a “buy” rating and issued a GBX 390 ($5.15) target price on shares of Virgin Money Holdings PLC in a report on Wednesday, June 28th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 345 ($4.55) target price on shares of Virgin Money Holdings PLC in a report on Friday, June 30th. Finally, Numis Securities Ltd downgraded Virgin Money Holdings PLC to a “hold” rating and reduced their price objective for the company from GBX 380 ($5.01) to GBX 290 ($3.83) in a research report on Monday, July 3rd. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 362.50 ($4.78).
Shares of Virgin Money Holdings PLC (LON VM) traded down 1.67% on Tuesday, reaching GBX 289.00. 701,846 shares of the company were exchanged. Virgin Money Holdings PLC has a 52 week low of GBX 256.20 and a 52 week high of GBX 353.30. The company’s 50-day moving average is GBX 278.81 and its 200-day moving average is GBX 287.33. The company’s market capitalization is GBX 1.28 billion.
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In other Virgin Money Holdings PLC news, insider Mark Parker sold 14,083 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of GBX 285 ($3.76), for a total transaction of £40,136.55 ($52,964.57).
Virgin Money Holdings PLC Company Profile
Virgin Money Holdings (UK) plc is a United Kingdom-based retail bank. The Company is engaged in the business of residential mortgages, savings and credit cards. The Company provides residential and buy-to-let mortgages and credit cards to customers across the United Kingdom. Mortgages are sold primarily through its intermediary partners and retail deposits are originated directly through its digital channel.
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