Virgin Money Holdings PLC (LON:VM) had its price objective lowered by Jefferies Group LLC from GBX 430 ($5.66) to GBX 360 ($4.73) in a research note issued to investors on Friday morning. The brokerage currently has a buy rating on the stock.
Several other analysts have also commented on VM. Shore Capital reissued a buy rating on shares of Virgin Money Holdings PLC in a research note on Thursday, November 16th. Numis Securities Ltd reissued a hold rating and set a GBX 290 ($3.81) target price on shares of Virgin Money Holdings PLC in a research note on Wednesday, October 18th. Credit Suisse Group cut 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 research note on Monday, August 7th. Barclays PLC reduced their price target on shares of Virgin Money Holdings PLC from GBX 380 ($5.00) to GBX 360 ($4.73) and set an overweight rating for the company in a research report on Wednesday, July 26th. Finally, Investec restated a buy rating and issued a GBX 395 ($5.20) price target on shares of Virgin Money Holdings PLC in a research report on Tuesday, October 17th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of Buy and an average target price of GBX 353.21 ($4.65).
Shares of Virgin Money Holdings PLC (LON VM) opened at GBX 262.30 ($3.45) on Friday. Virgin Money Holdings PLC has a one year low of GBX 256.20 ($3.37) and a one year high of GBX 353.30 ($4.65).
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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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