Investec reaffirmed their buy rating on shares of Virgin Money Holdings PLC (LON:VM) in a research note issued to investors on Friday morning. They currently have a GBX 390 ($5.06) target price on the stock.

Several other equities analysts also recently commented on the stock. Credit Suisse Group cut their price target on shares of Virgin Money Holdings PLC from GBX 345 ($4.48) to GBX 330 ($4.28) and set an outperform rating on the stock in a report on Monday, August 7th. Barclays PLC cut their price target on shares of Virgin Money Holdings PLC from GBX 380 ($4.93) to GBX 360 ($4.67) and set an overweight rating on the stock in a report on Wednesday, July 26th. Numis Securities Ltd reiterated a hold rating and set a GBX 290 ($3.76) price target on shares of Virgin Money Holdings PLC in a report on Tuesday, July 25th. Citigroup Inc. reiterated a buy rating and set a GBX 370 ($4.80) price target on shares of Virgin Money Holdings PLC in a report on Friday, July 21st. Finally, Jefferies Group LLC reiterated a buy rating and set a GBX 430 ($5.58) price target on shares of Virgin Money Holdings PLC in a report on Wednesday, July 5th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus target price of GBX 368 ($4.78).

Virgin Money Holdings PLC (LON:VM) opened at 265.50 on Friday. The firm’s market capitalization is GBX 1.17 billion. The firm’s 50-day moving average price is GBX 289.03 and its 200 day moving average price is GBX 303.74. Virgin Money Holdings PLC has a one year low of GBX 256.70 and a one year high of GBX 353.30.

WARNING: This article was originally reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this article on another site, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The legal version of this article can be read at https://theolympiareport.com/2017/08/28/investec-reaffirms-buy-rating-for-virgin-money-holdings-plc-vm.html.

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

In related news, insider Jayne-Anne Gadhia acquired 35,365 shares of the stock in a transaction on Tuesday, July 25th. The stock was bought at an average cost of GBX 281 ($3.65) per share, with a total value of £99,375.65 ($129,009.02). Also, insider Mark Parker sold 14,083 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of GBX 285 ($3.70), for a total transaction of £40,136.55 ($52,105.09).

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.

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

Receive News & Ratings for Virgin Money Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virgin Money Holdings PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.