Citigroup Inc. Lowers Virgin Money Holdings PLC (VM) Price Target to GBX 350
Virgin Money Holdings PLC (LON:VM) had its price target lowered by Citigroup Inc. from GBX 370 ($4.87) to GBX 350 ($4.60) in a research note issued to investors on Monday, StockTargetPrices.com reports. The brokerage currently has a buy rating on the stock.
VM has been the topic of a number of other research reports. Macquarie lowered their target price on Virgin Money Holdings PLC from GBX 377 ($4.96) to GBX 325 ($4.27) and set an outperform rating on the stock in a report on Thursday, October 12th. J P Morgan Chase & Co reissued an overweight rating and issued a GBX 400 ($5.26) target price on shares of Virgin Money Holdings PLC in a report on Tuesday, September 19th. Numis Securities Ltd reissued a hold rating and issued a GBX 290 ($3.81) target price on shares of Virgin Money Holdings PLC in a report on Wednesday, October 18th. Shore Capital reissued a buy rating on shares of Virgin Money Holdings PLC in a report on Thursday, November 2nd. Finally, Investec reissued a buy rating and issued a GBX 390 ($5.13) target price on shares of Virgin Money Holdings PLC in a report on Friday, August 25th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of Buy and an average price target of GBX 353.21 ($4.65).
Virgin Money Holdings PLC (LON:VM) opened at GBX 281.30 ($3.70) on Monday. Virgin Money Holdings PLC has a 1-year low of GBX 256.20 ($3.37) and a 1-year high of GBX 353.30 ($4.65).
Virgin Money Holdings PLC Company Profile
Virgin Money Holdings (UK) plc is a United Kingdom-based retail bank. The Company is engaged in the business of residential mortgages, savings and credit cards. The Company provides residential and buy-to-let mortgages and credit cards to customers across the United Kingdom. Mortgages are sold primarily through its intermediary partners and retail deposits are originated directly through its digital channel.
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