Analysts at Deutsche Bank assumed coverage on shares of Virgin Money (LON:VM) in a research report issued on Wednesday, January 10th. The brokerage set a “hold” rating and a GBX 305 ($4.14) price target on the stock. Deutsche Bank’s price target would indicate a potential upside of 6.49% from the company’s previous close.
Several other brokerages also recently weighed in on VM. Citigroup reaffirmed a “buy” rating and issued a GBX 350 ($4.75) target price (down previously from GBX 370 ($5.02)) on shares of Virgin Money in a report on Tuesday, November 14th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 400 ($5.42) price objective on shares of Virgin Money in a report on Friday, November 17th. Shore Capital reissued a “buy” rating on shares of Virgin Money in a report on Thursday, November 2nd. Macquarie dropped their price objective on shares of Virgin Money from GBX 377 ($5.11) to GBX 325 ($4.41) and set an “outperform” rating for the company in a report on Thursday, October 12th. Finally, Jefferies Group dropped their price objective on shares of Virgin Money from GBX 430 ($5.83) to GBX 360 ($4.88) and set a “buy” rating for the company in a report on Friday, November 17th. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 348.33 ($4.72).
Shares of Virgin Money (LON:VM) opened at GBX 286.40 ($3.88) on Wednesday. Virgin Money has a 1 year low of GBX 250.20 ($3.39) and a 1 year high of GBX 353.30 ($4.79). The stock has a market cap of $1,270.00 and a price-to-earnings ratio of 867.88.
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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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