Virgin Money (VM) Now Covered by Analysts at Deutsche Bank

Deutsche Bank assumed coverage on shares of Virgin Money (LON:VM) in a research note issued to investors on Wednesday morning. The brokerage issued a hold rating and a GBX 305 ($4.14) target price on the stock.

Other analysts have also issued research reports about the company. Investec reaffirmed a buy rating and issued a GBX 395 ($5.36) target price on shares of Virgin Money in a report on Tuesday, October 17th. Shore Capital reaffirmed a buy rating on shares of Virgin Money in a report on Tuesday, October 17th. Citigroup reaffirmed a buy rating and issued a GBX 370 ($5.02) target price on shares of Virgin Money in a report on Monday, October 16th. Finally, Jefferies Group lowered their target price on Virgin Money from GBX 430 ($5.83) to GBX 360 ($4.88) and set a buy rating on the stock in a report on Friday, November 17th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Virgin Money has a consensus rating of Buy and a consensus price target of GBX 348.33 ($4.72).

Virgin Money (LON VM) traded up GBX 1.90 ($0.03) on Wednesday, reaching GBX 289.40 ($3.92). The company’s stock had a trading volume of 779,338 shares, compared to its average volume of 1,000,000. The firm has a market cap of $1,290.00 and a price-to-earnings ratio of 876.97. Virgin Money has a 12-month low of GBX 250.20 ($3.39) and a 12-month high of GBX 353.30 ($4.79).

In other Virgin Money news, insider Mark Parker sold 83,200 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of GBX 275 ($3.73), for a total value of £228,800 ($310,279.36).

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About Virgin Money

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 (LON:VM)

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