Analysts Set Virgin Money UK PLC (LON:VMUK) Price Target at GBX 234.75

Virgin Money UK PLC (LON:VMUK) has received a consensus recommendation of “Hold” from the ten brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 229.78 ($3.12).

A number of equities analysts recently commented on the company. Shore Capital raised Virgin Money UK to a “buy” rating in a research note on Monday, November 15th. Peel Hunt reissued a “buy” rating and set a GBX 264 ($3.58) price target on shares of Virgin Money UK in a research note on Thursday, November 4th. Deutsche Bank Aktiengesellschaft dropped their price target on Virgin Money UK from GBX 260 ($3.53) to GBX 245 ($3.33) and set a “buy” rating for the company in a research note on Tuesday, December 7th. Peel Hunt restated a “buy” rating and set a GBX 264 ($3.58) price objective on shares of Virgin Money UK in a research report on Thursday, November 4th. Finally, Morgan Stanley decreased their price objective on Virgin Money UK from GBX 205 ($2.78) to GBX 185 ($2.51) and set an “underweight” rating on the stock in a research report on Friday, November 5th.

In related news, insider David Duffy sold 4,144 shares of the stock in a transaction that occurred on Monday, December 20th. The stock was sold at an average price of GBX 164 ($2.23), for a total value of £6,796.16 ($9,225.14).

LON VMUK opened at GBX 198.70 ($2.70) on Wednesday. The firm has a market cap of £2.86 billion and a price-to-earnings ratio of 7.28. The business has a 50-day moving average price of GBX 175.65 and a 200-day moving average price of GBX 190.82. Virgin Money UK has a twelve month low of GBX 125.95 ($1.71) and a twelve month high of GBX 218.70 ($2.97).

The firm also recently declared a dividend, which will be paid on Friday, March 11th. Stockholders of record on Thursday, February 10th will be issued a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend is Thursday, February 10th. This represents a dividend yield of 0.59%.

Virgin Money UK Company Profile

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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