Virgin Money Holdings PLC (VM) Receives Consensus Rating of “Buy” from Brokerages

Shares of Virgin Money Holdings PLC (LON:VM) have been assigned a consensus recommendation of “Buy” from the sixteen research firms that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 362.50 ($4.82).

VM has been the subject of a number of research analyst reports. Investec reiterated a “buy” rating and set a GBX 390 ($5.18) price target on shares of Virgin Money Holdings PLC in a research report on Friday, August 25th. Citigroup Inc. reiterated a “buy” rating and set a GBX 370 ($4.92) price target on shares of Virgin Money Holdings PLC in a research report on Friday, July 21st. Jefferies Group LLC reiterated a “buy” rating and set a GBX 430 ($5.71) price target on shares of Virgin Money Holdings PLC in a research report on Wednesday, July 5th. Shore Capital reiterated a “buy” rating on shares of Virgin Money Holdings PLC in a research report on Tuesday. Finally, Numis Securities Ltd reiterated a “hold” rating and set a GBX 290 ($3.85) price target on shares of Virgin Money Holdings PLC in a research report on Tuesday, July 25th.

In other news, insider Jayne-Anne Gadhia bought 35,365 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The stock was bought at an average price of GBX 281 ($3.73) per share, for a total transaction of £99,375.65 ($132,043.12). Also, insider Mark Parker sold 14,083 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of GBX 285 ($3.79), for a total value of £40,136.55 ($53,330.52).

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Virgin Money Holdings PLC (VM) traded up 1.56% during midday trading on Wednesday, reaching GBX 306.00. 2,329,040 shares of the company traded hands. The firm’s market capitalization is GBX 1.35 billion. Virgin Money Holdings PLC has a one year low of GBX 256.20 and a one year high of GBX 353.30. The firm has a 50-day moving average price of GBX 271.64 and a 200-day moving average price of GBX 287.95.

The company also recently announced a dividend, which was paid on Friday, September 22nd. Investors of record on Thursday, August 10th were given a GBX 1.90 ($0.03) dividend. The ex-dividend date was Thursday, August 10th. This represents a yield of 0.68%.

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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