Deutsche Bank reaffirmed their buy rating on shares of Virgin Money UK (LON:VMUK) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports.
Other analysts also recently issued research reports about the company. Barclays boosted their price objective on Virgin Money UK from GBX 85 ($1.05) to GBX 100 ($1.23) and gave the company an underweight rating in a research report on Wednesday, July 8th. Shore Capital reiterated a buy rating on shares of Virgin Money UK in a research report on Tuesday, July 28th. Royal Bank of Canada downgraded Virgin Money UK to a sector performer rating in a research report on Wednesday, July 1st. Citigroup boosted their price objective on Virgin Money UK from GBX 120 ($1.48) to GBX 130 ($1.60) and gave the company a buy rating in a research report on Thursday, July 9th. Finally, UBS Group reissued a buy rating and set a GBX 160 ($1.97) target price (down from GBX 170 ($2.09)) on shares of Virgin Money UK in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 151.89 ($1.87).
Shares of VMUK stock opened at GBX 87.46 ($1.08) on Wednesday. Virgin Money UK has a fifty-two week low of GBX 0.89 ($0.01) and a fifty-two week high of GBX 222.10 ($2.73). The stock has a 50 day moving average price of GBX 97.75 and a two-hundred day moving average price of GBX 112.49. The company has a market capitalization of $1.26 billion and a P/E ratio of -4.60.
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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