Virgin Money Holdings PLC (VM) Given “Buy” Rating at Investec
Other equities research analysts have also recently issued research reports about the company. Numis Securities Ltd reiterated a hold rating and set a GBX 290 ($3.76) target price on shares of Virgin Money Holdings PLC in a report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and set a GBX 370 ($4.80) target price on shares of Virgin Money Holdings PLC in a report on Monday, June 12th. Citigroup Inc. reiterated a buy rating and set a GBX 370 ($4.80) target price on shares of Virgin Money Holdings PLC in a report on Friday, July 21st. Jefferies Group LLC reiterated a buy rating and set a GBX 430 ($5.58) target price on shares of Virgin Money Holdings PLC in a report on Wednesday, July 5th. Finally, Barclays PLC reiterated an overweight rating and set a GBX 380 ($4.93) target price on shares of Virgin Money Holdings PLC in a report on Friday, May 19th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of GBX 368 ($4.78).
Virgin Money Holdings PLC (LON VM) traded up 0.11% on Friday, reaching GBX 265.50. The company had a trading volume of 726,126 shares. The stock’s 50 day moving average is GBX 289.03 and its 200-day moving average is GBX 303.74. The stock’s market capitalization is GBX 1.17 billion. Virgin Money Holdings PLC has a 1-year low of GBX 256.70 and a 1-year high of GBX 353.30.
The firm also recently declared a dividend, which will be paid on Friday, September 22nd. Shareholders 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 is Thursday, August 10th.
In other news, insider Jayne-Anne Gadhia bought 35,365 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The shares were acquired at an average cost of GBX 281 ($3.65) per share, with a total value of £99,375.65 ($129,009.02). Also, insider Mark Parker sold 14,083 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of GBX 285 ($3.70), for a total value of £40,136.55 ($52,105.09).
About Virgin Money Holdings PLC
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.
Receive News & Stock Ratings for Virgin Money Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virgin Money Holdings PLC and related stocks with our FREE daily email newsletter.