Credit Suisse Group Reiterates Neutral Rating for Virgin Money (VM)

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).

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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.

Analyst Recommendations for Virgin Money (LON:VM)

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