Virgin Money UK (LON:VMUK) Rating Reiterated by Citigroup

Virgin Money UK (LON:VMUK – Get Rating)‘s stock had its “buy” rating reissued by equities research analysts at Citigroup in a report released on Friday, LSE.Co.UK reports.

A number of other equities analysts have also recently weighed in on the stock. Barclays cut shares of Virgin Money UK to an “equal weight” rating and set a GBX 230 ($2.77) price target on the stock. in a research note on Monday, February 6th. Royal Bank of Canada lowered their price target on shares of Virgin Money UK from GBX 215 ($2.59) to GBX 205 ($2.47) and set a “sector perform” rating on the stock in a research note on Wednesday, February 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 230 ($2.77) price target on shares of Virgin Money UK in a research note on Tuesday, November 22nd. JPMorgan Chase & Co. increased their price objective on shares of Virgin Money UK from GBX 180 ($2.16) to GBX 200 ($2.41) and gave the company a “neutral” rating in a research note on Thursday, February 2nd. Finally, Shore Capital reissued a “buy” rating on shares of Virgin Money UK in a research note on Wednesday, February 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 220 ($2.65).

Virgin Money UK Price Performance

VMUK stock opened at GBX 164.50 ($1.98) on Friday. The company has a market cap of £2.25 billion, a price-to-earnings ratio of 456.94, a price-to-earnings-growth ratio of -0.56 and a beta of 1.99. Virgin Money UK has a 12 month low of GBX 1.46 ($0.02) and a 12 month high of GBX 200 ($2.41). The company has a fifty day moving average price of GBX 186.12 and a 200 day moving average price of GBX 163.40.

Insider Activity

In other news, insider David Duffy sold 6,285 shares of Virgin Money UK stock in a transaction that occurred on Tuesday, December 20th. The shares were sold at an average price of GBX 179 ($2.15), for a total transaction of £11,250.15 ($13,528.32). Insiders own 18.49% of the company’s stock.

Virgin Money UK Company Profile

(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 and invoice finance services; risk management; international trade services; and home, car, and life and critical illness insurance products.