Vanquis Banking Group (LON:VANQ) Insider Dave Watts Acquires 130 Shares of Stock

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts purchased 130 shares of the company’s stock in a transaction dated Wednesday, January 14th. The shares were acquired at an average cost of GBX 115 per share, for a total transaction of £149.50.

Dave Watts also recently made the following trade(s):

• On Friday, November 14th, Dave Watts acquired 135 shares of Vanquis Banking Group stock. The stock was acquired at an average price of GBX 111 per share, with a total value of £149.85.

Vanquis Banking Group Stock Performance

LON VANQ opened at GBX 117.80 on Friday. The stock has a market cap of £302.15 million, a price-to-earnings ratio of -3.86 and a beta of 1.45. The business has a 50 day simple moving average of GBX 115.21 and a 200 day simple moving average of GBX 112.03. Vanquis Banking Group plc has a 52-week low of GBX 42.65 and a 52-week high of GBX 130.

Analysts Set New Price Targets

VANQ has been the topic of a number of research analyst reports. Singer Capital Markets restated a “house stock” rating on shares of Vanquis Banking Group in a report on Thursday, September 25th. Keefe, Bruyette & Woods increased their target price on Vanquis Banking Group from GBX 120 to GBX 140 and gave the stock an “outperform” rating in a report on Friday, October 10th. Finally, Shore Capital restated a “house stock” rating on shares of Vanquis Banking Group in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 111.50.

About Vanquis Banking Group

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.

https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/