Virgin Money Holdings PLC (LON:VM)‘s stock had its “hold” rating reaffirmed by equities researchers at Berenberg Bank in a note issued to investors on Monday. They presently have a GBX 300 ($3.78) price objective on the stock. Berenberg Bank’s price target suggests a potential downside of 2.18% from the company’s previous close.

Several other equities analysts also recently weighed in on the company. Shore Capital reissued a “buy” rating on shares of Virgin Money Holdings PLC in a research report on Tuesday, January 31st. Jefferies Group LLC boosted their target price on Virgin Money Holdings PLC from GBX 400 ($5.03) to GBX 425 ($5.35) and gave the company a “buy” rating in a research report on Tuesday, January 31st. Macquarie reissued an “outperform” rating and set a GBX 377 ($4.75) target price on shares of Virgin Money Holdings PLC in a research report on Thursday, March 9th. Credit Suisse Group AG reissued a “neutral” rating and set a GBX 335 ($4.22) target price on shares of Virgin Money Holdings PLC in a research report on Monday, March 6th. Finally, Goldman Sachs Group Inc boosted their target price on Virgin Money Holdings PLC from GBX 360 ($4.53) to GBX 370 ($4.66) and gave the company a “neutral” rating in a research report on Friday, November 25th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 385.15 ($4.85).

Analyst Recommendations for Virgin Money Holdings PLC (LON:VM)

Virgin Money Holdings PLC (LON:VM) opened at 306.70 on Monday. The firm has a 50-day moving average of GBX 319.49 and a 200 day moving average of GBX 318.86. Virgin Money Holdings PLC has a 12-month low of GBX 196.10 and a 12-month high of GBX 379.60. The company’s market capitalization is GBX 1.36 billion.

The company also recently announced a dividend, which will be paid on Wednesday, May 10th. Shareholders of record on Thursday, April 6th will be issued a GBX 3.50 ($0.04) dividend. This represents a dividend yield of 1.09%. The ex-dividend date of this dividend is Thursday, April 6th.

COPYRIGHT VIOLATION NOTICE: “Berenberg Bank Reiterates “Hold” Rating for Virgin Money Holdings PLC (VM)” was first published by Marea Informative and is the property of of Marea Informative. If you are viewing this piece on another domain, it was stolen and reposted in violation of United States & international copyright and trademark legislation. The original version of this piece can be accessed at http://www.mareainformativa.com/virgin-money-holdings-plc-vm-clasificacion-reitero-berenberg-bank/108852/.

In other Virgin Money Holdings PLC news, insider Jayne-Anne Gadhia sold 47,972 shares of the company’s stock in a transaction on Thursday, March 16th. The stock was sold at an average price of GBX 331 ($4.17), for a total value of £158,787.32 ($199,858.17).

Virgin Money Holdings PLC Company Profile

Virgin Money Holdings (UK) plc is a United Kingdom-based retail bank. The Company is engaged in the business of residential mortgages, savings and credit cards. The Company provides residential and buy-to-let mortgages and credit cards to customers across the United Kingdom. Mortgages are sold primarily through its intermediary partners and retail deposits are originated directly through its digital channel.

Receive News & Stock Ratings for Virgin Money Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virgin Money Holdings PLC and related stocks with our FREE daily email newsletter.