Virgin Money’s (VM) Buy Rating Reiterated at Citigroup

Virgin Money (LON:VM)‘s stock had its “buy” rating reaffirmed by research analysts at Citigroup in a report released on Wednesday.

VM has been the topic of a number of other reports. Jefferies Group reiterated a “buy” rating and set a GBX 430 ($5.79) price objective on shares of Virgin Money in a research note on Tuesday, September 5th. Shore Capital reiterated a “buy” rating on shares of Virgin Money in a research note on Thursday, November 16th. Barclays reduced their price objective on shares of Virgin Money from GBX 360 ($4.85) to GBX 320 ($4.31) and set an “overweight” rating on the stock in a research note on Friday, November 17th. Investec reiterated a “buy” rating and set a GBX 395 ($5.32) price objective on shares of Virgin Money in a research note on Tuesday, October 17th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 400 ($5.38) price objective on shares of Virgin Money in a research note on Friday, November 17th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 353.21 ($4.75).

Virgin Money (LON:VM) opened at GBX 268.90 ($3.62) on Wednesday. Virgin Money has a 1 year low of GBX 250.20 ($3.37) and a 1 year high of GBX 353.30 ($4.76).

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About Virgin Money

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.

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