Virgin Money Holdings PLC (LON:VM) Earns “Buy” Rating from Shore Capital

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.

Analyst Recommendations for Virgin Money Holdings PLC (LON:VM)

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