Virgin Money Holdings PLC’s (VM) Buy Rating Reaffirmed at Shore Capital
Virgin Money Holdings PLC (LON:VM)‘s stock had its “buy” rating reissued by Shore Capital in a research report issued on Thursday.
VM has been the topic of a number of other reports. Macquarie decreased their target price on Virgin Money Holdings PLC from GBX 377 ($4.96) to GBX 325 ($4.27) and set an “outperform” rating on the stock in a report on Thursday, October 12th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 400 ($5.26) target price on shares of Virgin Money Holdings PLC in a report on Tuesday, September 19th. Numis Securities Ltd restated a “hold” rating and issued a GBX 290 ($3.81) target price on shares of Virgin Money Holdings PLC in a report on Wednesday, October 18th. Investec restated a “buy” rating and issued a GBX 390 ($5.13) target price on shares of Virgin Money Holdings PLC in a report on Friday, August 25th. Finally, Jefferies Group LLC restated a “buy” rating and issued a GBX 430 ($5.66) target price on shares of Virgin Money Holdings PLC in a report on Monday, November 6th. Four equities research 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 presently has a consensus rating of “Buy” and an average target price of GBX 353.21 ($4.65).
Shares of Virgin Money Holdings PLC (VM) traded up GBX 0.40 ($0.01) during midday trading on Thursday, hitting GBX 261 ($3.43). The company had a trading volume of 2,518,527 shares, compared to its average volume of 1,920,000. Virgin Money Holdings PLC has a twelve month low of GBX 256.20 ($3.37) and a twelve month high of GBX 353.30 ($4.65).
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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