Vanquis Banking Group (LON:VANQ) Price Target Lowered to GBX 145 at Berenberg Bank

Vanquis Banking Group (LON:VANQ) had its price objective decreased by Berenberg Bank from GBX 165 to GBX 145 in a research note issued to investors on Thursday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 71.60% from the stock’s previous close.

Separately, Shore Capital Group reissued a “buy” rating on shares of Vanquis Banking Group in a report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 142.50.

Vanquis Banking Group Stock Performance

LON VANQ opened at GBX 84.50 on Thursday. The firm has a 50-day moving average of GBX 113.80 and a 200-day moving average of GBX 115.13. The stock has a market cap of £211.53 million, a PE ratio of 27.26 and a beta of 1.23. Vanquis Banking Group has a 52-week low of GBX 82 and a 52-week high of GBX 132.

Vanquis Banking Group Company Profile

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.

https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/