Virgin Money Holdings PLC (LON:VM) has earned a consensus rating of “Buy” from the sixteen brokerages that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 368 ($4.79).
Several analysts have recently commented on the company. Panmure Gordon restated a “buy” rating and set a GBX 400 ($5.21) target price on shares of Virgin Money Holdings PLC in a report on Tuesday, April 25th. Shore Capital reaffirmed a “buy” rating on shares of Virgin Money Holdings PLC in a research note on Tuesday, April 25th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 290 ($3.78) price target on shares of Virgin Money Holdings PLC in a research note on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 370 ($4.82) price target on shares of Virgin Money Holdings PLC in a research note on Monday, June 12th. Finally, Investec reaffirmed a “buy” rating and set a GBX 390 ($5.08) price target on shares of Virgin Money Holdings PLC in a research note on Tuesday, July 25th.
In related news, insider Jayne-Anne Gadhia sold 610,000 shares of the stock in a transaction dated Tuesday, May 16th. The stock was sold at an average price of GBX 302 ($3.93), for a total transaction of £1,842,200 ($2,399,010.29). Also, insider Mark Parker sold 7,100 shares of the stock in a transaction dated Wednesday, May 17th. The stock was sold at an average price of GBX 308 ($4.01), for a total value of £21,868 ($28,477.67). Insiders sold 719,641 shares of company stock valued at $217,606,559 over the last 90 days.
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Shares of Virgin Money Holdings PLC (VM) traded down 1.23% during midday trading on Friday, hitting GBX 289.70. 1,633,337 shares of the company were exchanged. The company’s 50 day moving average price is GBX 288.27 and its 200 day moving average price is GBX 306.79. The firm’s market cap is GBX 1.28 billion. Virgin Money Holdings PLC has a one year low of GBX 257.50 and a one year high of GBX 353.30.
The firm also recently declared a dividend, which will be paid on Friday, September 22nd. Shareholders of record on Thursday, August 10th will be issued a GBX 1.90 ($0.02) dividend. The ex-dividend date is Thursday, August 10th. This represents a dividend yield of 0.68%.
About Virgin Money Holdings PLC
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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