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).
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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