Deutsche Bank reaffirmed their buy rating on shares of Virgin Money UK (LON:VMUK) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Several other analysts have also recently issued reports on the company. Shore Capital reiterated a buy rating on shares of Virgin Money UK in a research report on Tuesday, July 28th. UBS Group reiterated a buy rating and set a GBX 160 ($1.97) target price (down previously from GBX 170 ($2.09)) on shares of Virgin Money UK in a research report on Wednesday, May 13th. Royal Bank of Canada cut Virgin Money UK to a sector performer rating in a research report on Wednesday, July 1st. Citigroup increased their target price on Virgin Money UK from GBX 120 ($1.48) to GBX 130 ($1.60) and gave the stock a buy rating in a research report on Thursday, July 9th. Finally, Goldman Sachs Group cut their target price on Virgin Money UK from GBX 100 ($1.23) to GBX 95 ($1.17) and set a neutral rating for the company in a research report on Tuesday, July 14th. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. Virgin Money UK has a consensus rating of Hold and an average target price of GBX 151.89 ($1.87).
LON:VMUK opened at GBX 87.46 ($1.08) on Wednesday. Virgin Money UK has a 12-month low of GBX 0.89 ($0.01) and a 12-month high of GBX 222.10 ($2.73). The stock has a 50-day moving average price of GBX 97.75 and a 200 day moving average price of GBX 112.49. The stock has a market capitalization of $1.26 billion and a P/E ratio of -4.60.
Virgin Money UK Company Profile
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.
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