Virgin Money Holdings PLC (LON:VM) had its price target cut by Royal Bank Of Canada from GBX 430 ($5.55) to GBX 400 ($5.17) in a research report report published on Monday. They currently have an outperform rating on the stock.

Several other brokerages also recently issued reports on VM. Citigroup Inc. reissued a buy rating and set a GBX 370 ($4.78) price objective on shares of Virgin Money Holdings PLC in a research report on Friday, July 21st. Barclays PLC reissued an overweight rating and set a GBX 380 ($4.91) price objective on shares of Virgin Money Holdings PLC in a research report on Friday, May 19th. Investec restated a buy rating and issued a GBX 390 ($5.04) target price on shares of Virgin Money Holdings PLC in a research note on Tuesday, July 25th. Numis Securities Ltd restated a hold rating and issued a GBX 290 ($3.75) target price on shares of Virgin Money Holdings PLC in a research note on Tuesday, July 25th. Finally, Credit Suisse Group upgraded shares of Virgin Money Holdings PLC to an outperform rating and set a GBX 345 ($4.46) target price for the company in a research note on Wednesday, May 17th. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Virgin Money Holdings PLC has a consensus rating of Buy and a consensus price target of GBX 365.86 ($4.73).

Virgin Money Holdings PLC (LON VM) opened at 261.00 on Monday. The company’s 50-day moving average is GBX 280.48 and its 200-day moving average is GBX 299.33. The firm’s market capitalization is GBX 1.15 billion. Virgin Money Holdings PLC has a 52-week low of GBX 256.70 and a 52-week high of GBX 353.30.

WARNING: “Virgin Money Holdings PLC (VM) PT Lowered to GBX 400 at Royal Bank Of Canada” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another website, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/09/08/virgin-money-holdings-plc-vm-pt-lowered-to-gbx-400-at-royal-bank-of-canada.html.

The business also recently disclosed a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 10th will be paid a GBX 1.90 ($0.02) dividend. This represents a dividend yield of 0.68%. The ex-dividend date is Thursday, August 10th.

In related news, insider Mark Parker sold 14,083 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of GBX 285 ($3.68), for a total value of £40,136.55 ($51,835.92). Also, insider Jayne-Anne Gadhia acquired 35,365 shares of Virgin Money Holdings PLC stock in a transaction that occurred on Tuesday, July 25th. The stock was bought at an average price of GBX 281 ($3.63) per share, with a total value of £99,375.65 ($128,342.57).

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.

Analyst Recommendations for Virgin Money Holdings PLC (LON:VM)

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.