Citigroup Inc. Reaffirms “Buy” Rating for Virgin Money Holdings PLC (VM)
Citigroup Inc. reissued their buy rating on shares of Virgin Money Holdings PLC (LON:VM) in a research report released on Tuesday. Citigroup Inc. currently has a GBX 350 ($4.60) price target on the stock, down from their prior price target of GBX 370 ($4.87).
A number of other equities analysts also recently commented on the company. Jefferies Group LLC reiterated a buy rating and issued a GBX 430 ($5.66) price target on shares of Virgin Money Holdings PLC in a research note on Monday, November 6th. Shore Capital reiterated a buy rating on shares of Virgin Money Holdings PLC in a research note on Thursday, November 2nd. Numis Securities Ltd reiterated a hold rating and issued a GBX 290 ($3.81) price target on shares of Virgin Money Holdings PLC in a research note on Wednesday, October 18th. Barclays PLC reiterated an overweight rating and issued a GBX 360 ($4.73) price target on shares of Virgin Money Holdings PLC in a research note on Wednesday, October 18th. Finally, Investec restated a buy rating and issued a GBX 395 ($5.20) target price on shares of Virgin Money Holdings PLC in a research note on Tuesday, October 17th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Virgin Money Holdings PLC presently has an average rating of Buy and an average price target of GBX 353.21 ($4.65).
Virgin Money Holdings PLC (VM) traded up GBX 1.40 ($0.02) during trading hours on Tuesday, reaching GBX 262 ($3.45). The company’s stock had a trading volume of 2,520,000 shares, compared to its average volume of 1,920,000. Virgin Money Holdings PLC has a one year low of GBX 256.20 ($3.37) and a one year high of GBX 353.30 ($4.65).
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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.
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