Virgin Money (LON:VM)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a research report issued on Monday. They currently have a GBX 305 ($4.28) price target on the stock. Deutsche Bank’s price objective would indicate a potential upside of 10.56% from the stock’s current price.
Other research analysts have also recently issued research reports about the company. Investec reiterated a “buy” rating and issued a GBX 395 ($5.55) price objective on shares of Virgin Money in a research report on Tuesday, October 17th. Shore Capital reissued a “buy” rating on shares of Virgin Money in a report on Tuesday, October 17th. Citigroup reissued a “buy” rating and issued a GBX 370 ($5.20) target price on shares of Virgin Money in a report on Monday, October 16th. Finally, Jefferies Group lowered their target price on Virgin Money from GBX 430 ($6.04) to GBX 360 ($5.06) and set a “buy” rating on the stock in a report on Friday, November 17th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 348.33 ($4.89).
Virgin Money (LON:VM) traded down GBX 1.52 ($0.02) during trading on Monday, hitting GBX 275.88 ($3.87). The stock had a trading volume of 1,120,000 shares, compared to its average volume of 1,090,000. Virgin Money has a twelve month low of GBX 250.20 ($3.51) and a twelve month high of GBX 353.30 ($4.96). The stock has a market capitalization of $1,230.00 and a PE ratio of 836.00.
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About Virgin Money
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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