Virgin Money UK (LON:VMUK) Earns Buy Rating from Deutsche Bank

Virgin Money UK (LON:VMUK)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a note issued to investors on Tuesday, Stock Target Advisor reports.

Other research analysts also recently issued research reports about the stock. UBS Group reaffirmed a “buy” rating and issued a GBX 160 ($1.97) target price (down previously from GBX 170 ($2.09)) on shares of Virgin Money UK in a report on Wednesday, May 13th. Royal Bank of Canada downgraded shares of Virgin Money UK to a “sector performer” rating in a report on Wednesday, July 1st. Citigroup increased their price objective on shares of Virgin Money UK from GBX 120 ($1.48) to GBX 130 ($1.60) and gave the company a “buy” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. dropped their price objective on shares of Virgin Money UK from GBX 160 ($1.97) to GBX 110 ($1.35) and set a “neutral” rating for the company in a report on Friday, April 24th. Finally, Shore Capital reissued a “buy” rating on shares of Virgin Money UK in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 151.89 ($1.87).

Shares of Virgin Money UK stock opened at GBX 94 ($1.16) on Tuesday. The company has a market capitalization of $1.35 billion and a P/E ratio of -4.82. The company has a fifty day moving average of GBX 95.65 and a 200 day moving average of GBX 120.02. Virgin Money UK has a fifty-two week low of GBX 46.10 ($0.57) 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.

Further Reading: Net Margin

Analyst Recommendations for Virgin Money UK (LON:VMUK)

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