Virgin Money Holdings PLC (VM) Given Average Recommendation of “Buy” by Brokerages
Shares of Virgin Money Holdings PLC (LON:VM) have been given a consensus rating of “Buy” by the fifteen analysts that are covering the company, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is GBX 351.54 ($4.73).
Several research firms have recently commented on VM. Macquarie reduced their price target on Virgin Money from GBX 377 ($5.07) to GBX 325 ($4.37) and set an “outperform” rating on the stock in a report on Thursday, October 12th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 400 ($5.38) price target on shares of Virgin Money in a report on Tuesday, September 19th. Numis Securities reiterated a “hold” rating and set a GBX 290 ($3.90) price target on shares of Virgin Money in a report on Wednesday, October 18th. Shore Capital reiterated a “buy” rating on shares of Virgin Money in a report on Thursday, November 2nd. Finally, Investec reiterated a “buy” rating and set a GBX 390 ($5.25) price target on shares of Virgin Money in a report on Friday, August 25th.
Virgin Money (LON VM) opened at GBX 264 ($3.55) on Thursday. Virgin Money has a fifty-two week low of GBX 250.20 ($3.37) and a fifty-two week high of GBX 353.30 ($4.76).
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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