Shares of Virgin Money Holdings PLC (LON:VM) have been given a consensus recommendation of “Buy” by the sixteen ratings firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 368 ($4.76).

VM has been the subject of several recent analyst reports. Numis Securities Ltd cut shares of Virgin Money Holdings PLC to a “hold” rating and decreased their target price for the stock from GBX 380 ($4.91) to GBX 290 ($3.75) in a research report on Monday, July 3rd. Investec restated a “buy” rating and issued a GBX 390 ($5.04) target price on shares of Virgin Money Holdings PLC in a research report on Friday, August 25th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 370 ($4.79) target price on shares of Virgin Money Holdings PLC in a research report on Tuesday, May 30th. Credit Suisse Group upgraded shares of Virgin Money Holdings PLC to an “outperform” rating and set a GBX 345 ($4.46) target price for the company in a research report on Wednesday, May 17th. Finally, Jefferies Group LLC restated a “buy” rating and issued a GBX 430 ($5.56) target price on shares of Virgin Money Holdings PLC in a research report on Monday, June 12th.

Shares of Virgin Money Holdings PLC (LON:VM) traded up 0.11% during midday trading on Tuesday, reaching GBX 266.70. 721,679 shares of the company were exchanged. The stock’s market capitalization is GBX 1.18 billion. Virgin Money Holdings PLC has a 52-week low of GBX 256.70 and a 52-week high of GBX 353.30. The company’s 50-day moving average price is GBX 284.89 and its 200 day moving average price is GBX 301.83.

The business also recently disclosed a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 10th will be issued a GBX 1.90 ($0.02) dividend. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Thursday, August 10th.

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In related news, insider Mark Parker sold 14,083 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of GBX 285 ($3.69), for a total transaction of £40,136.55 ($51,909.66). Also, insider Jayne-Anne Gadhia bought 35,365 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The shares were acquired at an average cost of GBX 281 ($3.63) per share, with a total value of £99,375.65 ($128,525.16).

About Virgin Money Holdings PLC

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.

Analyst Recommendations for Virgin Money Holdings PLC (LON:VM)

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