Virgin Money (LON:VM)‘s stock had its “buy” rating reissued by research analysts at Shore Capital in a research report issued on Tuesday.
Several other research analysts have also weighed in on the company. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 305 ($4.28) target price on shares of Virgin Money in a research report on Friday. Berenberg Bank reiterated a “hold” rating and set a GBX 300 ($4.21) price target on shares of Virgin Money in a research note on Wednesday, January 17th. Citigroup reiterated a “buy” rating on shares of Virgin Money in a research note on Wednesday, January 10th. Credit Suisse Group downgraded Virgin Money to a “neutral” rating and decreased their price target for the stock from GBX 330 ($4.63) to GBX 305 ($4.28) in a research note on Thursday, December 7th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 400 ($5.62) price target on shares of Virgin Money in a research note on Friday, November 17th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of GBX 348.33 ($4.89).
Virgin Money (VM) opened at GBX 282.70 ($3.97) on Tuesday. Virgin Money has a 52-week low of GBX 250.20 ($3.51) and a 52-week high of GBX 353.30 ($4.96). The firm has a market capitalization of $1,270.00 and a PE ratio of 856.67.
In other Virgin Money news, insider Mark Parker sold 83,200 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of GBX 275 ($3.86), for a total value of £228,800 ($321,303.19).
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About Virgin Money
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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