Virgin Money UK (LON:VMUK) Price Target Cut to GBX 195 by Analysts at Barclays

Virgin Money UK (LON:VMUK) had its price target lowered by Barclays from GBX 210 ($2.63) to GBX 195 ($2.44) in a research note issued to investors on Friday, Marketbeat Ratings reports. The brokerage currently has an equal weight rating on the stock.

Several other research analysts also recently commented on the company. Shore Capital reaffirmed a buy rating on shares of Virgin Money UK in a research note on Wednesday, August 2nd. Citigroup reaffirmed a buy rating on shares of Virgin Money UK in a research note on Monday, October 16th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of Hold and a consensus target price of GBX 208 ($2.60).

Virgin Money UK Stock Performance

VMUK stock opened at GBX 161.85 ($2.02) on Friday. The business’s 50-day moving average is GBX 160.70 and its two-hundred day moving average is GBX 159.83. Virgin Money UK has a fifty-two week low of GBX 134.20 ($1.68) and a fifty-two week high of GBX 200 ($2.50). The company has a market cap of £2.17 billion, a price-to-earnings ratio of 476.03, a P/E/G ratio of -0.56 and a beta of 1.94.

Virgin Money UK Company Profile

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; asset and invoice finance services; risk management; international trade services; and home, car, and life and critical illness insurance products.