Virgin Money (VM) Given “Hold” Rating at Deutsche Bank
A number of other analysts have also issued reports on the stock. Citigroup reiterated a buy rating and set a GBX 350 ($4.91) price target (down from GBX 370 ($5.19)) on shares of Virgin Money in a research note on Tuesday, November 14th. Jefferies Group cut their price target on shares of Virgin Money from GBX 430 ($6.03) to GBX 360 ($5.05) and set a buy rating on the stock in a research note on Friday, November 17th. Berenberg Bank reiterated a hold rating and set a GBX 300 ($4.21) price target on shares of Virgin Money in a research note on Wednesday, January 17th. Shore Capital reiterated a buy rating on shares of Virgin Money in a research note on Thursday, November 16th. Finally, Barclays cut their price target on shares of Virgin Money from GBX 360 ($5.05) to GBX 320 ($4.49) and set an overweight rating on the stock in a research note on Friday, November 17th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Virgin Money currently has an average rating of Buy and an average price target of GBX 348.33 ($4.88).
Shares of Virgin Money (VM) opened at GBX 278.50 ($3.90) on Monday. The stock has a market cap of $1,240.00 and a PE ratio of 843.94. Virgin Money has a one year low of GBX 250.20 ($3.51) and a one year high of GBX 353.30 ($4.95).
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Virgin Money 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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