VM has been the subject of several other research reports. Citigroup reissued a buy rating and issued a GBX 350 ($4.84) price objective (down previously from GBX 370 ($5.11)) on shares of Virgin Money in a report on Tuesday, November 14th. Deutsche Bank started coverage on Virgin Money in a report on Wednesday, January 10th. They issued a hold rating and a GBX 305 ($4.21) price objective for the company. Shore Capital reissued a buy rating on shares of Virgin Money in a report on Wednesday, November 22nd. Royal Bank of Canada downgraded Virgin Money to an underperform rating and cut their price objective for the company from GBX 350 ($4.84) to GBX 250 ($3.45) in a report on Wednesday, February 14th. Finally, Jefferies Group cut their price objective on Virgin Money from GBX 430 ($5.94) to GBX 360 ($4.97) and set a buy rating for the company in a report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. Virgin Money currently has a consensus rating of Hold and a consensus target price of GBX 333.93 ($4.61).
Shares of Virgin Money (LON:VM) opened at GBX 260.30 ($3.60) on Monday. The company has a market capitalization of $1,160.00 and a P/E ratio of 685.00. Virgin Money has a twelve month low of GBX 250.20 ($3.46) and a twelve month high of GBX 339.60 ($4.69).
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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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