Today: The Barclays PLC Reiterates Overweight Rating for Virgin Money Holdings (UK) PLC (VM)

The Barclays PLC Reiterates Overweight Rating for Virgin Money Holdings (UK) PLC (VM)

Virgin Money Holdings (UK) PLC (LON:VM)‘s stock had its “overweight” rating restated by research analysts at Barclays PLC in a research note issued on Thursday. They presently have a GBX 330 ($4.31) price objective on the stock. Barclays PLC’s price objective points to a potential upside of 4.20% from the company’s previous close.

Several other analysts also recently commented on the stock. Jefferies Group began coverage on shares of Virgin Money Holdings (UK) PLC in a research report on Monday, October 3rd. They set a “buy” rating and a GBX 400 ($5.22) price objective for the company. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 370 ($4.83) price objective on shares of Virgin Money Holdings (UK) PLC in a research report on Wednesday, September 28th. Goldman Sachs Group Inc. raised their price objective on shares of Virgin Money Holdings (UK) PLC from GBX 280 ($3.65) to GBX 350 ($4.57) and gave the stock a “neutral” rating in a research report on Tuesday, September 27th. Investec reaffirmed a “buy” rating on shares of Virgin Money Holdings (UK) PLC in a research report on Monday, September 12th. Finally, Berenberg Bank reduced their price objective on shares of Virgin Money Holdings (UK) PLC from GBX 400 ($5.22) to GBX 300 ($3.92) and set a “hold” rating for the company in a research report on Thursday, September 1st. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of GBX 370.25 ($4.83).

Virgin Money Holdings (LON:VM) opened at 315.3868 on Thursday. Virgin Money Holdings has a one year low of GBX 196.10 and a one year high of GBX 419.80. The company’s 50-day moving average is GBX 306.51 and its 200-day moving average is GBX 312.38. The firm’s market capitalization is GBX 1.40 billion.

In other Virgin Money Holdings (UK) PLC news, insider Mark Parker sold 67,184 shares of the firm’s stock in a transaction on Wednesday, October 5th. The stock was sold at an average price of GBX 325 ($4.24), for a total transaction of £218,348 ($285,012.40).

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