Citigroup reissued their buy rating on shares of Virgin Money (LON:VM) in a research report report published on Wednesday morning. Citigroup currently has a GBX 350 ($4.84) price objective on the stock.
Several other analysts have also commented on the company. Credit Suisse Group reiterated a neutral rating and set a GBX 305 ($4.21) price objective on shares of Virgin Money in a report on Monday, March 19th. JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 400 ($5.53) price objective on shares of Virgin Money in a report on Friday, March 16th. Berenberg Bank reiterated a hold rating and set a GBX 300 ($4.14) price objective on shares of Virgin Money in a report on Monday, March 12th. Jefferies Group lowered Virgin Money to a hold rating and set a GBX 305 ($4.21) price objective for the company. in a report on Monday, March 12th. Finally, Shore Capital reiterated a buy rating on shares of Virgin Money in a report on Wednesday, February 28th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of GBX 333.93 ($4.61).
Shares of VM stock opened at GBX 263.20 ($3.64) on Wednesday. The stock has a market capitalization of $1,180.00 and a price-to-earnings ratio of 692.63. Virgin Money has a 52-week low of GBX 250.20 ($3.46) and a 52-week high of GBX 339.60 ($4.69).
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Virgin Money 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.
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