Shares of Virgin Money Holdings PLC (LON:VM) have been assigned a consensus rating of “Buy” from the sixteen research firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 337.50 ($4.66).
A number of equities research analysts have recently weighed in on VM shares. Deutsche Bank reiterated a “hold” rating and issued a GBX 305 ($4.21) price target on shares of Virgin Money in a research report on Monday, February 5th. Citigroup reiterated a “buy” rating and issued a GBX 350 ($4.84) price target (down from GBX 370 ($5.11)) on shares of Virgin Money in a research report on Tuesday, November 14th. Shore Capital reiterated a “buy” rating on shares of Virgin Money in a research report on Tuesday, January 30th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 400 ($5.53) price target on shares of Virgin Money in a research report on Friday, November 17th. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 300 ($4.14) price target on shares of Virgin Money in a research report on Wednesday, January 17th.
Virgin Money (LON:VM) traded down GBX 4.20 ($0.06) during midday trading on Tuesday, hitting GBX 265.40 ($3.67). 855,369 shares of the stock were exchanged, compared to its average volume of 1,430,000. Virgin Money has a 52 week low of GBX 250.20 ($3.46) and a 52 week high of GBX 347.20 ($4.80). The firm has a market capitalization of $1,180.00 and a P/E ratio of 804.24.
In other Virgin Money news, insider Mark Parker sold 83,200 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of GBX 275 ($3.80), for a total transaction of £228,800 ($316,109.42).
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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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