Vanquis Banking Group’s (VANQ) House Stock Rating Reiterated at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Vanquis Banking Group (LON:VANQ) in a research note released on Wednesday morning, MarketBeat.com reports.

Several other analysts have also weighed in on the company. Keefe, Bruyette & Woods boosted their price objective on Vanquis Banking Group from GBX 120 to GBX 140 and gave the company an “outperform” rating in a report on Friday, October 10th. Singer Capital Markets reiterated a “house stock” rating on shares of Vanquis Banking Group in a report on Thursday, September 25th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Vanquis Banking Group currently has a consensus rating of “Buy” and an average price target of GBX 111.50.

Vanquis Banking Group Price Performance

LON VANQ opened at GBX 111.20 on Wednesday. The company has a market capitalization of £285.21 million, a price-to-earnings ratio of -3.65 and a beta of 1.45. Vanquis Banking Group has a 12 month low of GBX 37.40 and a 12 month high of GBX 130. The company’s fifty day moving average price is GBX 114.68 and its two-hundred day moving average price is GBX 100.45.

Vanquis Banking Group (LON:VANQ) last issued its earnings results on Thursday, August 7th. The company reported GBX 1.90 earnings per share (EPS) for the quarter. Vanquis Banking Group had a negative net margin of 6.88% and a negative return on equity of 5.64%. As a group, analysts anticipate that Vanquis Banking Group will post 4.1557331 EPS for the current year.

About Vanquis Banking Group