Virgin Money (LON:VM)‘s stock had its “hold” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Friday. They currently have a GBX 305 ($4.14) price objective on the stock. Deutsche Bank’s price target points to a potential upside of 6.61% from the stock’s previous close.
Other analysts have also issued reports about the company. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 300 ($4.07) target price on shares of Virgin Money in a research report on Wednesday, January 17th. Citigroup reaffirmed a “buy” rating on shares of Virgin Money in a research report on Wednesday, January 10th. Shore Capital reaffirmed a “buy” rating on shares of Virgin Money in a research report on Friday, December 8th. Credit Suisse Group lowered Virgin Money to a “neutral” rating and decreased their target price for the company from GBX 330 ($4.48) to GBX 305 ($4.14) in a research report on Thursday, December 7th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 400 ($5.42) target price on shares of Virgin Money in a research report on Friday, November 17th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of GBX 348.33 ($4.72).
Shares of Virgin Money (VM) traded up GBX 0.60 ($0.01) during trading hours on Friday, hitting GBX 286.10 ($3.88). The stock had a trading volume of 1,129,752 shares, compared to its average volume of 1,100,000. The firm has a market cap of $1,270.00 and a P/E ratio of 866.97. Virgin Money has a 12 month low of GBX 250.20 ($3.39) and a 12 month high of GBX 353.30 ($4.79).
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About Virgin Money
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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