Virgin Money (LON:VM)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a report released on Monday. They presently have a GBX 305 ($4.28) price target on the stock. Deutsche Bank’s price objective indicates a potential upside of 10.56% from the company’s previous close.
Several other research firms also recently weighed in on VM. Numis Securities restated a “hold” rating and set a GBX 290 ($4.07) price target on shares of Virgin Money in a research report on Wednesday, October 18th. Barclays reaffirmed an “overweight” rating and set a GBX 360 ($5.06) price objective on shares of Virgin Money in a research note on Wednesday, October 18th. Shore Capital reaffirmed a “buy” rating on shares of Virgin Money in a research note on Thursday, November 2nd. Jefferies Group reaffirmed a “buy” rating and set a GBX 430 ($6.04) price objective on shares of Virgin Money in a research note on Monday, November 6th. Finally, Investec reaffirmed a “buy” rating and set a GBX 395 ($5.55) price objective on shares of Virgin Money in a research note on Tuesday, October 17th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 348.33 ($4.89).
Virgin Money (LON:VM) traded down GBX 1.52 ($0.02) on Monday, hitting GBX 275.88 ($3.87). 1,120,000 shares of the company traded hands, compared to its average volume of 1,090,000. Virgin Money has a 52-week low of GBX 250.20 ($3.51) and a 52-week high of GBX 353.30 ($4.96). The firm has a market cap of $1,230.00 and a P/E ratio of 836.00.
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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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