Virgin Money (LON:VM) Price Target Cut to GBX 360 by Analysts at Jefferies Group

Virgin Money (LON:VM) had its price target reduced by Jefferies Group from GBX 430 ($5.79) to GBX 360 ($4.85) in a research note released on Friday, November 17th. Jefferies Group currently has a buy rating on the stock.

Other research analysts have also recently issued research reports about the company. Citigroup restated a buy rating and issued a GBX 370 ($4.98) price target on shares of Virgin Money in a research report on Friday, July 21st. Investec restated a buy rating and issued a GBX 395 ($5.32) price target on shares of Virgin Money in a research report on Tuesday, October 17th. Shore Capital restated a buy rating on shares of Virgin Money in a research report on Tuesday, October 17th. Numis Securities restated a hold rating and issued a GBX 290 ($3.90) price target on shares of Virgin Money in a research report on Tuesday, July 25th. Finally, Royal Bank Of Canada dropped their price target on Virgin Money from GBX 430 ($5.79) to GBX 400 ($5.38) and set an outperform rating for the company in a research report on Monday, September 4th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has an average rating of Buy and an average price target of GBX 353.21 ($4.75).

Shares of Virgin Money (LON VM) traded up GBX 1.10 ($0.01) during mid-day trading on Friday, hitting GBX 274.30 ($3.69). The stock had a trading volume of 860,673 shares, compared to its average volume of 1,640,000. Virgin Money has a one year low of GBX 250.20 ($3.37) and a one year high of GBX 353.30 ($4.76).

ILLEGAL ACTIVITY NOTICE: “Virgin Money (LON:VM) Price Target Cut to GBX 360 by Analysts at Jefferies Group” was first published by Week Herald and is owned by of Week Herald. If you are accessing this piece on another site, it was illegally copied and republished in violation of international copyright and trademark laws. The correct version of this piece can be read at https://weekherald.com/2017/12/04/virgin-money-holdings-plc-vm-price-target-cut-to-gbx-360.html.

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)

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 MarketBeat.com's FREE daily email newsletter.

Leave a Reply