Virgin Money Holdings PLC (VM) Rating Reiterated by Citigroup Inc.
Virgin Money Holdings PLC (LON:VM)‘s stock had its “buy” rating restated by research analysts at Citigroup Inc. in a note issued to investors on Monday. They presently have a GBX 370 ($4.86) target price on the stock. Citigroup Inc.’s price objective would indicate a potential upside of 29.73% from the company’s previous close.
A number of other research firms also recently weighed in on VM. Jefferies Group LLC reaffirmed a “buy” rating and issued a GBX 430 ($5.65) target price on shares of Virgin Money Holdings PLC in a research report on Tuesday, September 5th. Investec reissued a “buy” rating and set a GBX 390 ($5.13) price objective on shares of Virgin Money Holdings PLC in a research report on Friday, August 25th. Numis Securities Ltd downgraded shares of Virgin Money Holdings PLC to a “hold” rating and cut their price objective for the company from GBX 380 ($5.00) to GBX 290 ($3.81) in a research report on Monday, July 3rd. Macquarie cut their price objective on shares of Virgin Money Holdings PLC from GBX 377 ($4.96) to GBX 325 ($4.27) and set an “outperform” rating on the stock in a research report on Thursday. Finally, Goldman Sachs Group, Inc. (The) cut their price objective on shares of Virgin Money Holdings PLC from GBX 370 ($4.86) to GBX 330 ($4.34) and set a “neutral” rating on the stock in a research report on Thursday, June 22nd. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 362.14 ($4.76).
Virgin Money Holdings PLC (LON VM) opened at 285.20 on Monday. The company’s market capitalization is GBX 1.26 billion. Virgin Money Holdings PLC has a 52-week low of GBX 256.20 and a 52-week high of GBX 353.30. The company’s 50 day moving average is GBX 271.15 and its 200-day moving average is GBX 288.15.
TRADEMARK VIOLATION NOTICE: “Virgin Money Holdings PLC (VM) Rating Reiterated by Citigroup Inc.” was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright law. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/10/16/virgin-money-holdings-plc-vm-rating-reiterated-by-citigroup-inc.html.
In other Virgin Money Holdings PLC news, insider Mark Parker sold 14,083 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of GBX 285 ($3.75), for a total transaction of £40,136.55 ($52,769.59). Also, insider Jayne-Anne Gadhia bought 35,365 shares of the stock in a transaction on Tuesday, July 25th. The shares were bought at an average price of GBX 281 ($3.69) per share, for a total transaction of £99,375.65 ($130,654.29).
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.