Barclays PLC Lowers Virgin Money Holdings PLC (VM) Price Target to GBX 320
Virgin Money Holdings PLC (LON:VM) had its price target cut by investment analysts at Barclays PLC from GBX 360 ($4.73) to GBX 320 ($4.21) in a research note issued on Friday. The firm currently has an “overweight” rating on the stock. Barclays PLC’s price objective suggests a potential upside of 22.61% from the stock’s previous close.
VM has been the subject of several other research reports. Macquarie cut their price target on Virgin Money Holdings PLC from GBX 377 ($4.96) to GBX 325 ($4.27) and set an “outperform” rating for the company in a research note on Thursday, October 12th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 290 ($3.81) price objective on shares of Virgin Money Holdings PLC in a research report on Wednesday, October 18th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 400 ($5.26) price objective on shares of Virgin Money Holdings PLC in a research report on Tuesday, September 19th. Investec reiterated a “buy” rating and issued a GBX 390 ($5.13) price objective on shares of Virgin Money Holdings PLC in a research report on Friday, August 25th. Finally, Shore Capital reiterated a “buy” rating on shares of Virgin Money Holdings PLC in a research report on Thursday, November 2nd. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Virgin Money Holdings PLC has a consensus rating of “Buy” and a consensus target price of GBX 353.21 ($4.65).
Shares of Virgin Money Holdings PLC (VM) opened at GBX 261 ($3.43) on Friday. Virgin Money Holdings PLC has a 52 week low of GBX 256.20 ($3.37) and a 52 week high of GBX 353.30 ($4.65).
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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