Virgin Money Holdings PLC (VM) Price Target Lowered to GBX 360 at Jefferies Group LLC
Virgin Money Holdings PLC (LON:VM) had its target price dropped by Jefferies Group LLC from GBX 430 ($5.66) to GBX 360 ($4.73) in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Jefferies Group LLC’s price target suggests a potential upside of 38.07% from the company’s current price.
Several other research firms have also recently commented on VM. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 370 ($4.87) target price on shares of Virgin Money Holdings PLC in a research note on Friday, July 21st. Royal Bank Of Canada decreased their target price on Virgin Money Holdings PLC from GBX 430 ($5.66) to GBX 400 ($5.26) and set an “outperform” rating for the company in a research note on Monday, September 4th. Investec reaffirmed a “buy” rating and set a GBX 390 ($5.13) target price on shares of Virgin Money Holdings PLC in a research note on Friday, August 25th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 400 ($5.26) target price on shares of Virgin Money Holdings PLC in a research note on Tuesday, September 19th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Virgin Money Holdings PLC in a research note on Thursday, November 2nd. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 354.64 ($4.66).
Virgin Money Holdings PLC (LON:VM) opened at GBX 260.73 ($3.43) on Friday. 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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