Virgin Money Holdings PLC (VM) Receives Consensus Rating of “Buy” from Analysts
Virgin Money Holdings PLC (LON:VM) has earned a consensus rating of “Buy” from the sixteen research firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 368 ($4.79).
Several analysts have weighed in on VM shares. Shore Capital reissued a “buy” rating on shares of Virgin Money Holdings PLC in a report on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a GBX 370 ($4.82) target price on shares of Virgin Money Holdings PLC in a research report on Monday, June 12th. Barclays PLC restated an “overweight” rating and set a GBX 380 ($4.95) target price on shares of Virgin Money Holdings PLC in a research report on Wednesday, April 26th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 430 ($5.60) target price on shares of Virgin Money Holdings PLC in a research report on Wednesday, April 12th. Finally, Investec boosted their target price on Virgin Money Holdings PLC from GBX 385 ($5.01) to GBX 390 ($5.08) and gave the stock a “buy” rating in a research report on Wednesday, June 7th.
Shares of Virgin Money Holdings PLC (LON VM) opened at 294.50 on Monday. The stock’s market cap is GBX 1.30 billion. Virgin Money Holdings PLC has a 12-month low of GBX 257.50 and a 12-month high of GBX 353.30. The company’s 50-day moving average is GBX 287.52 and its 200-day moving average is GBX 306.95.
The business also recently disclosed a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 10th will be paid a dividend of GBX 1.90 ($0.02) per share. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, August 10th.
In other news, insider Peter Bole sold 12,541 shares of the company’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of GBX 299 ($3.89), for a total transaction of £37,497.59 ($48,831.35). Also, insider Mark Parker sold 7,100 shares of the company’s stock in a transaction that occurred on Wednesday, May 17th. The stock was sold at an average price of GBX 308 ($4.01), for a total value of £21,868 ($28,477.67). In the last quarter, insiders have sold 719,641 shares of company stock worth $217,606,559.
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Virgin Money Holdings PLC 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.
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