Virgin Money (LON:VM)‘s stock had its “hold” rating reissued by equities research analysts at Berenberg Bank in a report issued on Monday. They presently have a GBX 300 ($4.14) price target on the stock. Berenberg Bank’s target price points to a potential upside of 12.07% from the company’s previous close.
Several other brokerages have also issued reports on VM. Citigroup reissued a “buy” rating and issued a GBX 350 ($4.84) price target (down previously from GBX 370 ($5.11)) on shares of Virgin Money in a report on Tuesday, November 14th. Shore Capital reissued a “buy” rating on shares of Virgin Money in a report on Thursday, November 16th. Jefferies Group decreased their price target on shares of Virgin Money from GBX 430 ($5.94) to GBX 360 ($4.97) and set a “buy” rating for the company in a report on Friday, November 17th. Barclays decreased their price target on shares of Virgin Money from GBX 360 ($4.97) to GBX 320 ($4.42) and set an “overweight” rating for the company in a report on Friday, November 17th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 400 ($5.53) price target on shares of Virgin Money in a report on Friday, November 17th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 333.93 ($4.61).
Shares of Virgin Money (VM) opened at GBX 267.70 ($3.70) on Monday. Virgin Money has a fifty-two week low of GBX 250.20 ($3.46) and a fifty-two week high of GBX 344.60 ($4.76). The company has a market cap of $1,190.00 and a price-to-earnings ratio of 704.47.
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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