Virgin Money Holdings PLC’s (LON:VM) Overweight Rating Reiterated at Barclays PLC

Virgin Money Holdings PLC (LON:VM)‘s stock had its “overweight” rating restated by Barclays PLC in a research note issued to investors on Thursday, October 5th. They presently have a GBX 360 ($4.78) price target on the stock. Barclays PLC’s target price suggests a potential upside of 19.48% from the stock’s current price.

A number of other research analysts have also recently commented on the stock. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 400 ($5.31) target price on shares of Virgin Money Holdings PLC in a research report on Tuesday, September 19th. Jefferies Group LLC reissued a “buy” rating and set a GBX 430 ($5.71) target price on shares of Virgin Money Holdings PLC in a research report on Tuesday, September 5th. Royal Bank Of Canada reduced their target price on shares of Virgin Money Holdings PLC from GBX 430 ($5.71) to GBX 400 ($5.31) and set an “outperform” rating on the stock in a research report on Monday, September 4th. Investec reissued a “buy” rating and set a GBX 390 ($5.18) target price on shares of Virgin Money Holdings PLC in a research report on Friday, August 25th. Finally, Credit Suisse Group reduced their target price on shares of Virgin Money Holdings PLC from GBX 345 ($4.58) to GBX 330 ($4.38) and set an “outperform” rating on the stock in a research report on Monday, August 7th. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 362.50 ($4.82).

Virgin Money Holdings PLC (LON VM) opened at 301.30 on Thursday. The stock’s market capitalization is GBX 1.33 billion. The company’s 50-day moving average is GBX 271.64 and its 200 day moving average is GBX 287.95. Virgin Money Holdings PLC has a one year low of GBX 256.20 and a one year high of GBX 353.30.

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In related news, insider Jayne-Anne Gadhia acquired 35,365 shares of Virgin Money Holdings PLC stock in a transaction that occurred on Tuesday, July 25th. The stock was acquired at an average price of GBX 281 ($3.73) per share, with a total value of £99,375.65 ($132,043.12). Also, insider Mark Parker sold 14,083 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of GBX 285 ($3.79), for a total transaction of £40,136.55 ($53,330.52).

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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