Today, Virgin Money Holdings (UK) PLC (VM) Price Target Raised to GBX 370 at Goldman Sachs Group Inc.

Today, Virgin Money Holdings (UK) PLC (VM) Price Target Raised to GBX 370 at Goldman Sachs Group Inc.
Virgin Money Holdings (UK) PLC (LON:VM) had its price target lifted by equities researchers at Goldman Sachs Group Inc. from GBX 360 ($4.50) to GBX 370 ($4.62) in a research report issued on Friday. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group Inc.’s target price would indicate a potential upside of 15.81% from the company’s current price.

Several other research firms also recently weighed in on VM. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 400 ($5.00) target price on shares of Virgin Money Holdings (UK) PLC in a research report on Wednesday, November 2nd. Credit Suisse Group AG raised their target price on Virgin Money Holdings (UK) PLC from GBX 270 ($3.37) to GBX 335 ($4.19) and gave the company a “neutral” rating in a research report on Tuesday, October 25th. Jefferies Group restated a “buy” rating and issued a GBX 400 ($5.00) target price on shares of Virgin Money Holdings (UK) PLC in a research report on Tuesday, November 1st. Davy Research reiterated an “outperform” rating on shares of Virgin Money Holdings (UK) PLC in a research report on Thursday, November 17th. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 370 ($4.62) price objective on shares of Virgin Money Holdings (UK) PLC in a research report on Wednesday, September 28th. Three research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 374.42 ($4.68).

Virgin Money Holdings (LON:VM) opened at 320.10 on Friday. The company’s market cap is GBX 1.42 billion. Virgin Money Holdings has a 52-week low of GBX 196.10 and a 52-week high of GBX 404.70. The stock’s 50 day moving average price is GBX 323.72 and its 200-day moving average price is GBX 304.54.

In other news, insider Mark Parker sold 67,184 shares of Virgin Money Holdings (UK) PLC stock in a transaction on Wednesday, October 5th. The stock was sold at an average price of GBX 325 ($4.06), for a total value of £218,348 ($272,798.60).

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