Virgin Money UK PLC (LON:VMUK) Receives GBX 201.11 Consensus Price Target from Brokerages

Virgin Money UK PLC (LON:VMUK) has earned a consensus recommendation of “Hold” from the ten brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 201.11 ($2.63).

A number of equities research analysts have weighed in on VMUK shares. Shore Capital reiterated a “hold” rating on shares of Virgin Money UK in a research note on Tuesday, July 27th. JPMorgan Chase & Co. boosted their price objective on Virgin Money UK from GBX 180 ($2.35) to GBX 190 ($2.48) and gave the company an “underweight” rating in a research note on Friday, June 11th. Deutsche Bank Aktiengesellschaft boosted their price objective on Virgin Money UK from GBX 240 ($3.14) to GBX 255 ($3.33) and gave the company a “buy” rating in a research note on Wednesday, July 28th. The Goldman Sachs Group cut their price target on Virgin Money UK from GBX 225 ($2.94) to GBX 210 ($2.74) and set a “neutral” rating for the company in a research note on Wednesday, August 4th. Finally, Liberum Capital upped their price target on Virgin Money UK from GBX 165 ($2.16) to GBX 260 ($3.40) and gave the stock a “buy” rating in a research note on Thursday, July 29th.

In other news, insider David Duffy sold 1,967 shares of the firm’s stock in a transaction dated Friday, June 18th. The stock was sold at an average price of GBX 197 ($2.57), for a total value of £3,874.99 ($5,062.70).

VMUK stock traded up GBX 2.50 ($0.03) during trading on Thursday, hitting GBX 192.95 ($2.52). 2,443,423 shares of the company’s stock were exchanged, compared to its average volume of 1,894,770. The business has a 50-day moving average price of GBX 199.24 and a two-hundred day moving average price of GBX 198.29. The stock has a market capitalization of £2.78 billion and a price-to-earnings ratio of -17.08. Virgin Money UK has a 52-week low of GBX 70.18 ($0.92) and a 52-week high of GBX 216.90 ($2.83).

About Virgin Money UK

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and B and Virgin Money brands in the United Kingdom. The company offers savings accounts, mortgages, credit cards, current accounts, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; asset finance and wealth referral services; international trade services; currency services, pensions, and investments and protection products; and home, car, travel, and life and critical illness insurance.

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Analyst Recommendations for Virgin Money UK (LON:VMUK)

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