Vanquis Banking Group (LON:VANQ) Insider Acquires £150.89 in Stock

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts purchased 191 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was bought at an average cost of GBX 79 per share, for a total transaction of £150.89.

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

• On Thursday, July 30th, Dave Watts acquired 45,000 shares of Vanquis Banking Group stock. The shares were bought at an average price of GBX 85 per share, with a total value of £38,250.
• On Tuesday, July 14th, Dave Watts acquired 132 shares of Vanquis Banking Group stock. The shares were bought at an average price of GBX 114 per share, with a total value of £150.48.
• On Monday, June 15th, Dave Watts acquired 133 shares of Vanquis Banking Group stock. The shares were bought at an average price of GBX 113 per share, with a total value of £150.29.

Vanquis Banking Group Price Performance

Shares of LON VANQ opened at GBX 77.70 on Thursday. Vanquis Banking Group plc has a 1-year low of GBX 76.40 and a 1-year high of GBX 132. The business’s fifty day moving average price is GBX 105.42 and its two-hundred day moving average price is GBX 111.25. The firm has a market capitalization of £194.51 million, a PE ratio of 28.78 and a beta of 1.17.

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

Wall Street Analyst Weigh In

VANQ has been the subject of a number of analyst reports. Berenberg Bank reduced their target price on shares of Vanquis Banking Group from GBX 165 to GBX 145 and set a “buy” rating for the company in a research note on Thursday, July 30th. Shore Capital Group restated a “buy” rating on shares of Vanquis Banking Group in a research note on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 142.50.

Vanquis Banking Group Company Profile

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/