Virgin Money (VM) Earns Buy Rating from Citigroup

Citigroup restated their buy rating on shares of Virgin Money (LON:VM) in a report issued on Wednesday.

A number of other equities research analysts have also recently commented on the stock. Shore Capital reaffirmed a buy rating on shares of Virgin Money in a report on Friday, December 8th. Credit Suisse Group cut shares of Virgin Money to a neutral rating and lowered their target price for the company from GBX 330 ($4.48) to GBX 305 ($4.14) in a report on Thursday, December 7th. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 400 ($5.42) target price on shares of Virgin Money in a report on Friday, November 17th. Barclays lowered their target price on shares of Virgin Money from GBX 360 ($4.88) to GBX 320 ($4.34) and set an overweight rating on the stock in a report on Friday, November 17th. Finally, Jefferies Group lowered their target price on shares of Virgin Money from GBX 430 ($5.83) to GBX 360 ($4.88) and set a buy rating on the stock in a report on Friday, November 17th. Six investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of GBX 348.33 ($4.72).

Shares of Virgin Money (LON:VM) opened at GBX 293 ($3.97) on Wednesday. The company has a market cap of $1,300.00 and a P/E ratio of 887.88. Virgin Money has a 1-year low of GBX 250.20 ($3.39) and a 1-year high of GBX 353.30 ($4.79).

In other news, insider Mark Parker sold 83,200 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of GBX 275 ($3.73), for a total value of £228,800 ($310,279.36).

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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.

Analyst Recommendations for Virgin Money (LON:VM)

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