Shore Capital Reaffirms Buy Rating for Virgin Money (VM)

Shore Capital reiterated their buy rating on shares of Virgin Money (LON:VM) in a report issued on Thursday, November 16th.

Several other equities analysts have also issued reports on VM. Jefferies Group reissued a buy rating and issued a GBX 430 ($5.79) price target on shares of Virgin Money in a report on Monday, November 6th. Numis Securities reaffirmed a hold rating and issued a GBX 290 ($3.90) price objective on shares of Virgin Money in a research report on Wednesday, October 18th. Credit Suisse Group cut their price objective on shares of Virgin Money from GBX 345 ($4.64) to GBX 330 ($4.44) and set an outperform rating on the stock in a research report on Monday, August 7th. Barclays cut their price objective on shares of Virgin Money from GBX 380 ($5.11) to GBX 360 ($4.85) and set an overweight rating on the stock in a research report on Wednesday, July 26th. Finally, Investec reaffirmed a buy rating and issued a GBX 395 ($5.32) price objective on shares of Virgin Money in a research report on Tuesday, October 17th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Virgin Money currently has a consensus rating of Buy and a consensus price target of GBX 353.21 ($4.75).

Shares of Virgin Money (LON VM) traded up GBX 1.10 ($0.01) during mid-day trading on Thursday, hitting GBX 274.30 ($3.69). 860,673 shares of the stock traded hands, compared to its average volume of 1,640,000. Virgin Money has a one year low of GBX 250.20 ($3.37) and a one year high of GBX 353.30 ($4.76).

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Virgin Money 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 (LON:VM)

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