Vanquis Banking Group (LON:VANQ) Insider Dave Watts Purchases 45,000 Shares

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts bought 45,000 shares of Vanquis Banking Group stock in a transaction dated Thursday, July 30th. The stock was acquired at an average cost of GBX 85 per share, with a total value of £38,250.

Dave Watts also recently made the following trade(s):

• On Tuesday, July 14th, Dave Watts purchased 132 shares of Vanquis Banking Group stock. The shares were bought at an average cost of GBX 114 per share, for a total transaction of £150.48.
• On Monday, June 15th, Dave Watts bought 133 shares of Vanquis Banking Group stock. The stock was purchased at an average cost of GBX 113 per share, for a total transaction of £150.29.
• On Thursday, May 14th, Dave Watts purchased 129 shares of Vanquis Banking Group stock. The shares were purchased at an average price of GBX 116 per share, for a total transaction of £149.64.

Vanquis Banking Group Stock Down 20.7%

LON VANQ opened at GBX 91.40 on Thursday. The stock has a market capitalization of £228.80 million, a P/E ratio of 29.48 and a beta of 1.23. Vanquis Banking Group plc has a 52-week low of GBX 82 and a 52-week high of GBX 132. The firm has a 50-day moving average price of GBX 113.80 and a 200 day moving average price of GBX 115.13.

Vanquis Banking Group (LON:VANQ) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 1.80 earnings per share for the quarter. Vanquis Banking Group had a return on equity of 1.89% and a net margin of 1.87%. On average, equities research analysts expect that Vanquis Banking Group plc will post 4.1557331 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on VANQ. Shore Capital Group restated a “buy” rating on shares of Vanquis Banking Group in a report on Wednesday, May 6th. Berenberg Bank decreased their target price on Vanquis Banking Group from GBX 165 to GBX 145 and set a “buy” rating on the stock in a research report on Thursday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Vanquis Banking Group currently has an average rating of “Buy” and an average price target of GBX 142.50.

About Vanquis Banking Group

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/