Virgin Money Holdings PLC (VM) Price Target Cut to GBX 360

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 PLC Company Profile

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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