Shares of Virgin Money UK PLC (LON: VMUK) have received an average “Hold” rating from the ten rating companies that currently cover the company, reports Marketbeat.com. Two investment analysts gave the stock a sell rating, two assigned a conservation rating and six issued a buy rating for the company. The one-year average price target among brokerage firms that reported on the stock in the past year is GBX 234.75 ($ 3.19).
VMUK has been the subject of several research reports. Morgan Stanley lowered its price target on Virgin Money UK shares from GBX 205 ($ 2.78) to GBX 185 ($ 2.51) and set an “underweight” rating on the stock in a report published on Friday, November 5. Peel Hunt reiterated a “buy” note and issued a target price GBX 264 ($ 3.58) on shares of Virgin Money UK in a report released on Thursday, November 4th. JPMorgan Chase & Co. reiterated an “underweight” rating on Virgin Money UK shares in a report released on Monday, November 8th. Deutsche Bank Aktiengesellschaft lowered its price target on Virgin Money UK shares from GBX 260 ($ 3.53) to GBX 245 ($ 3.33) and set a “buy” rating on the share in a report published on Tuesday, December 7. Finally, Barclays reaffirmed an “overweight” rating and set a target price GBX 250 ($ 3.39) on shares of Virgin Money UK in a research note on Thursday November 4th.
Separately, insider David Duffy sold 4,144 shares of the company in a transaction dated Monday, December 20. The shares were sold for an average price of 164 GBX ($ 2.23), for a total value of £ 6,796.16 ($ 9,225.14).
VMUK stock opened at GBX 188.40 ($ 2.56) on Wednesday. The company has a 50-day moving average of GBX 175.09 and a 200-day moving average of GBX 190.96. The stock has a market cap of £ 2.71 billion and a PE ratio of 6.91. Virgin Money UK has a 52 week minimum of GBX 125.95 ($ 1.71) and a 52 week maximum of GBX 218.70 ($ 2.97).
The company also recently disclosed a dividend, which will be paid on Friday, March 11. Investors of record on Thursday, February 10 will receive a GBX 1 dividend ($ 0.01). The ex-dividend date of this dividend is Thursday, February 10. This represents a yield of 0.59%.
About Virgin Money France
Virgin Money UK PLC provides banking products and services to consumers and small and medium-sized businesses under the Clydesdale Bank, Yorkshire Bank and B brands and Virgin Money in the UK. The company offers savings accounts, mortgages, credit cards, checking accounts and home loans; corporate loans, overdraft facilities, treasury solutions and corporate and structured finance; asset financing and asset listing services; international trade services; currency exchange services, pensions, and investment and protection products; and home, auto, travel, life and critical illness insurance.
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