Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for Virgin Money UK (LON:VMUK)

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Virgin Money UK (LON:VMUKGet Rating) in a report published on Wednesday, Marketbeat Ratings reports. The firm currently has a GBX 230 ($2.82) price target on the stock.

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

Virgin Money UK Stock Up 1.8 %

LON:VMUK opened at GBX 153.35 ($1.88) on Wednesday. The company has a fifty day moving average of GBX 137.87 and a 200 day moving average of GBX 163.03. 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 firm has a market capitalization of £2.20 billion and a P/E ratio of 348.98.

Insider Activity at Virgin Money UK

In related news, insider David Duffy sold 6,572 shares of the stock in a transaction dated Monday, June 20th. The shares were sold at an average price of GBX 127 ($1.56), for a total transaction of £8,346.44 ($10,227.23).

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 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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