Vanquis Banking Group (LON:VANQ) Insider Sells £222,602.38 in Stock

Vanquis Banking Group plc (LON:VANQ) insider Ian McLaughlin sold 289,094 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of GBX 77, for a total transaction of £222,602.38.

Vanquis Banking Group Stock Performance

VANQ stock opened at GBX 75.08 on Friday. The company has a market capitalization of £187.94 million, a PE ratio of 27.81 and a beta of 1.17. Vanquis Banking Group plc has a one year low of GBX 72.30 and a one year high of GBX 132. The company’s 50 day moving average price is GBX 92.99 and its two-hundred day moving average price is GBX 106.15.

Vanquis Banking Group (LON:VANQ) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 1.80 earnings per share (EPS) for the quarter. Vanquis Banking Group had a net margin of 1.71% and a return on equity of 2.20%. On average, research analysts predict that Vanquis Banking Group plc will post 4.1557331 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their price target on shares of Vanquis Banking Group from GBX 165 to GBX 145 and set a “buy” rating for the company in a research report on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price 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/