Shore Capital Reaffirms “Buy” Rating for Virgin Money Holdings PLC (VM)

Shore Capital restated their buy rating on shares of Virgin Money Holdings PLC (LON:VM) in a research report sent to investors on Thursday.

Several other brokerages also recently commented on VM. Citigroup Inc. reaffirmed a buy rating and set a GBX 370 ($4.87) target price on shares of Virgin Money Holdings PLC in a report on Friday, July 21st. Numis Securities Ltd reaffirmed a hold rating and set a GBX 290 ($3.81) target price on shares of Virgin Money Holdings PLC in a report on Tuesday, July 25th. Investec reaffirmed a buy rating and set a GBX 390 ($5.13) target price on shares of Virgin Money Holdings PLC in a report on Tuesday, July 25th. Barclays PLC reaffirmed an overweight rating and set a GBX 360 ($4.73) target price on shares of Virgin Money Holdings PLC in a report on Wednesday, October 18th. Finally, Credit Suisse Group reduced their target price on shares of Virgin Money Holdings PLC from GBX 345 ($4.54) to GBX 330 ($4.34) and set an outperform rating for the company in a report on Monday, August 7th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 353.21 ($4.65).

Shares of Virgin Money Holdings PLC (LON VM) opened at GBX 261 ($3.43) on Thursday. Virgin Money Holdings PLC has a twelve month low of GBX 256.20 ($3.37) and a twelve month high of GBX 353.30 ($4.65).

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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.

Analyst Recommendations for Virgin Money Holdings PLC (LON:VM)

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