Vanquis Banking Group’s (VANQ) “House Stock” Rating Reiterated at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Vanquis Banking Group (LON:VANQ) in a research note published on Tuesday morning, Marketbeat Ratings reports.

Separately, Canaccord Genuity Group upgraded shares of Vanquis Banking Group to a speculative buy rating and reduced their price target for the company from GBX 123 ($1.60) to GBX 66 ($0.86) in a research report on Monday, May 13th.

Vanquis Banking Group Trading Down 0.4 %

Shares of LON VANQ opened at GBX 47.90 ($0.62) on Tuesday. The firm has a 50-day moving average of GBX 53.74 and a two-hundred day moving average of GBX 76.07. The company has a market capitalization of £122.85 million, a price-to-earnings ratio of -2,395.00 and a beta of 1.37. Vanquis Banking Group has a twelve month low of GBX 42.61 ($0.55) and a twelve month high of GBX 191.20 ($2.48).

Vanquis Banking Group Company Profile

Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards products, and unsecured personal loans products, as well as provides vehicle finance for cars, motorbikes, van, and light commercial vehicles.