Virgin Money UK (LON:VMUK) receives ‘overweight’ rating from Barclays
Virgin Money UK (LON: VMUK)the action of has been repeated by analysts at Barclays in a note released Monday to investors, Digital appearance reports. They currently have a price target of 250 GBX ($3.40) on the stock. BarclaysThe target price of indicates a potential upside of 25.22% from the company’s current price.
VMUK has been the subject of a number of other research reports. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 190 ($2.58) price target on Virgin Money UK shares in a Wednesday, January 12 research report. Morgan Stanley lowered its price target on Virgin Money UK shares from GBX 205 ($2.79) to GBX 185 ($2.52) and set an “underweight” rating for the company in a memo. research from Friday, November 5. Liberum Capital reissued a “buy” rating and set a target price of GBX 260 ($3.54) on Virgin Money UK shares in a research note on Thursday, November 4. Peel Hunt reissued a “buy” rating and set a target price of GBX 264 ($3.59) on Virgin Money UK shares in a research note on Thursday, November 4. Finally, Shore Capital reissued a “buy” rating on Virgin Money UK shares in a Tuesday, February 1, research note. Two equity research analysts gave the stock a sell rating, two issued a hold rating and six issued a buy rating. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 229.78 ($3.12).
VMUK Share opened at 199.65 GBX ($2.72) on Monday. Virgin Money UK has a twelve month minimum of 159.45 GBX ($2.17) and a twelve month maximum of 218.70 GBX ($2.97). The stock has a market capitalization of £2.88 billion and a price-earnings ratio of 7.32. The company’s fifty day simple moving average is 188.96 GBX and its two hundred day simple moving average is 191.64 GBX.
Separately, insider David Duffy sold 19,123 shares of the company in a trade dated Thursday, Dec. 9. The shares were sold at an average price of 165 GBX ($2.24), for a total value of £31,552.95 ($42,911.67).
Virgin Money UK Company Profile
Virgin Money UK PLC provides banking products and services to consumers and small and medium-sized businesses under the Clydesdale Bank, Yorkshire Bank and B and Virgin Money brands in the UK. The company offers savings accounts, mortgages, credit cards, checking accounts and home loans. corporate loans, overdraft facilities, cash solutions, corporate and structured finance; asset financing and wealth referencing services; international trade services; money services, pensions and investment and protection products; and home, auto, travel, life and critical illness insurance.
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