Virgin Money (VM) Rating Reiterated by Shore Capital

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.

Analyst Recommendations for Virgin Money (LON:VM)

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