Virgin Money Holdings PLC (VM) Given New GBX 325 Price Target at Macquarie

Virgin Money Holdings PLC (LON:VM) had its price target reduced by Macquarie from GBX 377 ($4.96) to GBX 325 ($4.27) in a research note released on Thursday. Macquarie currently has an outperform rating on the stock.

Several other research firms have also commented on VM. Citigroup Inc. reissued a buy rating and set a GBX 370 ($4.86) price target on shares of Virgin Money Holdings PLC in a research report on Friday, July 21st. Numis Securities Ltd reissued a hold rating and set a GBX 290 ($3.81) price target on shares of Virgin Money Holdings PLC in a research report on Tuesday, July 25th. Investec reissued a buy rating and set a GBX 390 ($5.13) price target on shares of Virgin Money Holdings PLC in a research report on Tuesday, July 25th. Credit Suisse Group decreased their price target on shares of Virgin Money Holdings PLC from GBX 345 ($4.54) to GBX 330 ($4.34) and set an outperform rating for the company in a research report on Monday, August 7th. Finally, Jefferies Group LLC reissued a buy rating and set a GBX 430 ($5.65) price target on shares of Virgin Money Holdings PLC in a research report on Wednesday, July 5th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 362.14 ($4.76).

Shares of Virgin Money Holdings PLC (VM) traded up 4.09% on Thursday, reaching GBX 285.20. 3,431,750 shares of the company were exchanged. The company’s market capitalization is GBX 1.26 billion. The company’s 50-day moving average is GBX 270.83 and its 200-day moving average is GBX 288.51. Virgin Money Holdings PLC has a 52 week low of GBX 256.20 and a 52 week high of GBX 353.30.

COPYRIGHT VIOLATION WARNING: “Virgin Money Holdings PLC (VM) Given New GBX 325 Price Target at Macquarie” was reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of US & international copyright law. The correct version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/2958263/virgin-money-holdings-plc-vm-given-new-gbx-325-price-target-at-macquarie.html.

The business also recently disclosed a dividend, which was paid on Friday, September 22nd. Investors of record on Thursday, August 10th were given a GBX 1.90 ($0.02) dividend. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend was Thursday, August 10th.

In other Virgin Money Holdings PLC news, insider Mark Parker sold 14,083 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of GBX 285 ($3.75), for a total transaction of £40,136.55 ($52,769.59). Also, insider Jayne-Anne Gadhia purchased 35,365 shares of Virgin Money Holdings PLC stock in a transaction on Tuesday, July 25th. The shares were acquired at an average cost of GBX 281 ($3.69) per share, with a total value of £99,375.65 ($130,654.29).

About Virgin Money Holdings PLC

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)

Receive News & Ratings for Virgin Money Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virgin Money Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.