Virgin Money (VM) Stock Rating Reaffirmed by Citigroup

Virgin Money (LON:VM)‘s stock had its “buy” rating reissued by equities research analysts at Citigroup in a research note issued to investors on Monday.

VM has been the subject of several other research reports. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 305 ($4.28) target price on shares of Virgin Money in a research report on Monday, February 5th. Shore Capital reaffirmed a “buy” rating on shares of Virgin Money in a research report on Tuesday, January 30th. Jefferies Group reaffirmed a “buy” rating and issued a GBX 430 ($6.03) target price on shares of Virgin Money in a research report on Monday, November 6th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 400 ($5.61) target price on shares of Virgin Money in a research report on Friday, November 17th. Finally, Numis Securities reaffirmed a “hold” rating and issued a GBX 290 ($4.07) target price on shares of Virgin Money in a research report on Wednesday, October 18th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Virgin Money presently has a consensus rating of “Buy” and a consensus price target of GBX 348.33 ($4.88).

Virgin Money (VM) opened at GBX 279.30 ($3.92) on Monday. The stock has a market capitalization of $1,240.00 and a price-to-earnings ratio of 846.36. Virgin Money has a 1-year low of GBX 250.20 ($3.51) and a 1-year high of GBX 353.30 ($4.95).

In related news, insider Mark Parker sold 83,200 shares of Virgin Money stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of GBX 275 ($3.86), for a total transaction of £228,800 ($320,807.63).

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Virgin Money 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 (LON:VM)

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