Virgin Money (LON:VM)‘s stock had its “neutral” rating reiterated by Credit Suisse Group in a note issued to investors on Monday. They presently have a GBX 305 ($4.21) target price on the stock. Credit Suisse Group’s price objective indicates a potential upside of 12.13% from the stock’s previous close.
VM has been the subject of several other reports. Citigroup reissued a “buy” rating on shares of Virgin Money in a research report on Monday, February 12th. Deutsche Bank initiated coverage on shares of Virgin Money in a research report on Wednesday, January 10th. They set a “hold” rating and a GBX 305 ($4.21) price target for the company. Shore Capital reissued a “buy” rating on shares of Virgin Money in a research report on Wednesday, November 22nd. Royal Bank of Canada lowered shares of Virgin Money to an “underperform” rating and decreased their price target for the company from GBX 350 ($4.84) to GBX 250 ($3.45) in a research report on Wednesday, February 14th. Finally, Jefferies Group lowered shares of Virgin Money to a “hold” rating and set a GBX 305 ($4.21) price target for the company. in a research report on Monday, March 12th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. Virgin Money presently has an average rating of “Hold” and an average price target of GBX 333.93 ($4.61).
Shares of Virgin Money stock opened at GBX 272 ($3.76) on Monday. The company has a market cap of $1,180.00 and a PE ratio of 715.79. Virgin Money has a 1 year low of GBX 250.20 ($3.46) and a 1 year 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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