Virgin Money UK’s (VMUK) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Virgin Money UK (LON:VMUKGet Rating)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank Aktiengesellschaft in a report issued on Wednesday, Marketbeat.com reports. They presently have a GBX 230 ($2.82) price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 49.98% from the stock’s previous close.

A number of other equities research analysts also recently commented on the company. Morgan Stanley reaffirmed an “underweight” rating on shares of Virgin Money UK in a report on Thursday, April 14th. Barclays raised Virgin Money UK to an “overweight” rating and decreased their price target for the company from GBX 245 ($3.00) to GBX 200 ($2.45) in a report on Thursday, June 30th. Shore Capital reaffirmed a “buy” rating on shares of Virgin Money UK in a research note on Tuesday. Royal Bank of Canada reduced their target price on Virgin Money UK from GBX 200 ($2.45) to GBX 180 ($2.21) and set a “sector perform” rating for the company in a research note on Monday, June 27th. Finally, JPMorgan Chase & Co. upped their target price on Virgin Money UK from GBX 180 ($2.21) to GBX 190 ($2.33) and gave the stock a “neutral” rating in a research note on Friday, July 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 226.63 ($2.78).

Virgin Money UK Stock Up 1.8 %

Virgin Money UK stock opened at GBX 153.35 ($1.88) on Wednesday. Virgin Money UK has a 52 week low of GBX 1.46 ($0.02) and a 52 week high of GBX 218.70 ($2.68). The company has a market capitalization of £2.20 billion and a price-to-earnings ratio of 348.98. The stock has a 50-day moving average price of GBX 137.87 and a 200 day moving average price of GBX 163.03.

Insider Buying and Selling

In other Virgin Money UK news, insider David Duffy sold 6,572 shares of the company’s stock in a transaction on Monday, June 20th. The stock was sold at an average price of GBX 127 ($1.56), for a total value of £8,346.44 ($10,227.23).

About Virgin Money UK

(Get Rating)

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; asset finance and wealth referral services; risk management; international trade services; currency services, pensions, and investments and protection products; and home, car, travel, and life and critical illness insurance products.

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Analyst Recommendations for Virgin Money UK (LON:VMUK)

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