Vanquis Banking Group (LON:VANQ) Trading 0.8% Higher – Here’s What Happened

Shares of Vanquis Banking Group plc (LON:VANQ) were up 0.8% on Tuesday . The stock traded as high as GBX 121.40 and last traded at GBX 119.20. Approximately 563,892 shares were traded during trading, a decline of 40% from the average daily volume of 943,976 shares. The stock had previously closed at GBX 118.20.

Analyst Ratings Changes

A number of equities analysts have commented on VANQ shares. Shore Capital reaffirmed a “house stock” rating on shares of Vanquis Banking Group in a research note on Wednesday, November 5th. Singer Capital Markets restated a “house stock” rating on shares of Vanquis Banking Group in a report on Thursday, September 25th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Vanquis Banking Group from GBX 120 to GBX 140 and gave the stock an “outperform” rating in a report on Friday, October 10th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 111.50.

Vanquis Banking Group Trading Up 0.8%

The business has a fifty day moving average of GBX 114.32 and a 200-day moving average of GBX 110.18. The company has a market cap of £305.74 million, a PE ratio of -3.91 and a beta of 1.45.

Insider Activity

In other news, insider Oliver Laird sold 13,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of GBX 111, for a total transaction of £14,430. Company insiders own 2.13% of the company’s stock.

Vanquis Banking Group Company Profile

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.

https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/