UBS Group Reaffirms Buy Rating for Virgin Money UK (LON:VMUK)

UBS Group reaffirmed their buy rating on shares of Virgin Money UK (LON:VMUK) in a report published on Wednesday morning, ThisIsMoney.Co.Uk reports.

A number of other equities analysts have also weighed in on VMUK. Deutsche Bank reissued a buy rating on shares of Virgin Money UK in a research note on Wednesday. Royal Bank of Canada lowered Virgin Money UK to a sector performer rating in a research note on Wednesday, July 1st. Barclays boosted their price objective on Virgin Money UK from GBX 85 ($1.05) to GBX 100 ($1.23) and gave the stock an underweight rating in a research note on Wednesday, July 8th. Goldman Sachs Group lowered their price objective on Virgin Money UK from GBX 100 ($1.23) to GBX 95 ($1.17) and set a neutral rating on the stock in a research note on Tuesday, July 14th. Finally, JPMorgan Chase & Co. lowered their price objective on Virgin Money UK from GBX 110 ($1.35) to GBX 100 ($1.23) and set a neutral rating on the stock in a research note on Wednesday, July 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. Virgin Money UK currently has an average rating of Hold and a consensus target price of GBX 151.89 ($1.87).

LON VMUK opened at GBX 87.46 ($1.08) on Wednesday. The stock’s fifty day moving average is GBX 97.75 and its two-hundred day moving average is GBX 112.49. The firm has a market capitalization of $1.26 billion and a P/E ratio of -4.60. Virgin Money UK has a fifty-two week low of GBX 0.89 ($0.01) and a fifty-two week high of GBX 222.10 ($2.73).

About Virgin Money UK

Virgin Money UK PLC, through its subsidiaries, provides retail and business banking products and services to individuals and businesses under the Clydesdale Bank, Yorkshire Bank, B, and Virgin Money brands in the United Kingdom. It operates through SME Banking and Retail Banking segments. The SME Banking segment offers a range of banking products and services, including business current accounts; and secured and unsecured term loans, business overdrafts, and invoice and asset financing products and services.

See Also: Systematic Risk

Analyst Recommendations for Virgin Money UK (LON:VMUK)

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