Brokerages Set Virgin Money Holdings (UK) PLC (VM) Price Target at $374.82
Shares of Virgin Money Holdings (UK) PLC (LON:VM) have received a consensus rating of “Buy” from the fourteen brokerages that are presently covering the firm. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is GBX 374.82 ($4.68).
VM has been the subject of several recent analyst reports. Goldman Sachs Group Inc. boosted their price target on Virgin Money Holdings (UK) PLC from GBX 280 ($3.50) to GBX 350 ($4.37) and gave the stock a “neutral” rating in a research note on Tuesday, September 27th. Investec reiterated a “buy” rating on shares of Virgin Money Holdings (UK) PLC in a research report on Monday, September 12th. Barclays PLC reiterated an “overweight” rating and set a GBX 330 ($4.12) price objective on shares of Virgin Money Holdings (UK) PLC in a research report on Wednesday, July 27th. Credit Suisse Group AG upped their price objective on Virgin Money Holdings (UK) PLC from GBX 270 ($3.37) to GBX 335 ($4.19) and gave the company a “neutral” rating in a research report on Tuesday, October 25th. Finally, Davy Research reiterated an “outperform” rating on shares of Virgin Money Holdings (UK) PLC in a research report on Thursday.
Virgin Money Holdings (LON:VM) opened at 322.3000 on Friday. The firm has a 50-day moving average price of GBX 323.77 and a 200 day moving average price of GBX 305.10. Virgin Money Holdings has a 52 week low of GBX 196.10 and a 52 week high of GBX 404.70. The company’s market cap is GBX 1.43 billion.
In other news, insider Mark Parker sold 67,184 shares of the company’s stock in a transaction dated Wednesday, October 5th. The stock was sold at an average price of GBX 325 ($4.06), for a total value of £218,348 ($272,798.60).
Virgin Money Holdings (UK) PLC Company Profile
Virgin Money Holdings (UK) plc is a United Kingdom-based retail-only bank. The Company is focused on providing residential mortgages, savings and credit cards. The Company also offers a range of investment and insurance products. Its segments include Mortgages and savings; Credit cards; Current accounts, insurance and investments, and Central functions.
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