Virgin Money UK (LON:VMUK) Price Target Cut to GBX 195 by Analysts at Barclays

Virgin Money UK (LON:VMUK) had its target price dropped by equities researchers at Barclays from GBX 210 ($2.58) to GBX 195 ($2.39) in a research report issued on Friday, Digital Look reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price target indicates a potential upside of 17.05% from the stock’s previous close.

A number of other equities analysts have also commented on VMUK. Citigroup restated a “buy” rating on shares of Virgin Money UK in a research report on Monday, October 16th. Shore Capital restated a “buy” rating on shares of Virgin Money UK in a research report on Wednesday, August 2nd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Virgin Money UK has an average rating of “Hold” and a consensus price target of GBX 208 ($2.55).

Virgin Money UK Stock Up 0.8 %

Shares of LON:VMUK opened at GBX 166.60 ($2.05) on Friday. The firm has a market capitalization of £2.23 billion, a PE ratio of 491.03, a P/E/G ratio of -0.56 and a beta of 1.94. Virgin Money UK has a twelve month low of GBX 134.20 ($1.65) and a twelve month high of GBX 200 ($2.46). The company has a 50-day moving average price of GBX 160.56 and a two-hundred day moving average price of GBX 159.52.

Virgin Money UK Company Profile

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.