At Berenberg Bank, Virgin Money UK’s (LON:VMUK) rating was upgraded to Hold. –

In a research note published on Monday, research analysts at Berenberg Bank recommended a “hold” for Virgin Money UK (LON: VMUK), according to Bloomberg Ratings. GBX 170 ($2.05) is the current brokerage estimate of the stock price. According to Berenberg Bank’s target price, the stock could rise 29.52% from its current level.
Other stock analysts also commented on the stock. Shore Capital maintained its “buy” rating on Virgin Money UK shares on Tuesday August 2. On Wednesday August 3, Deutsche Bank Aktiengesellschaft affirmed a “buy” rating and set a target price of 230 GBX ($2.78) on Virgin Money UK shares. . In a research note published on September 14, JPMorgan Chase & Co. raised its price target on Virgin Money UK shares from GBX 190 ($2.30) to GBX 200 ($2.42) in a research note. research. They gave the company a “neutral” rating. Royal Bank of Canada reiterated its “sector performance” rating and set a price target of 200 GBX ($2.42) for Virgin Money UK shares on Thursday, August 4. In a research note published on Wednesday August 3, Barclays raised its price target on Virgin Money UK shares from 200 GBX ($2.42) to 220 GBX ($2.66). The company retained the stock’s “overweight” recommendation. The company’s stock received six buy recommendations from six research analysts, three hold recommendations and one sell recommendation. The stock has a consensus buy rating, an average target price of 221.44 GBX ($2.68) and a consensus buy recommendation, according to data from Bloomberg.com.
VMUK began trading Monday at 131.25 GBX ($1.59). In the previous fifty and two hundred days, the company’s price has been 148.38 GBX and 152.37 GBX respectively. Virgin Money UK’s 52-week range is between 1.46 GBX ($0.02) and 218.70 GBX ($2.64). The company has a market capitalization of £1.87 billion and a PE ratio of 298.30.
In other developments, insider Clifford Abrahams bought 30,000 shares of Virgin Money UK on Friday August 5. The share price, an average price of 154 GBX ($1.86) per share, was £46,200 ($55,824.07).

Virgin Money UK PLC provides small and medium-sized businesses in the UK with banking products and services under the Clydesdale Bank, Yorkshire Bank and Virgin Money brands. The company offers business loans, overdraft services, treasury solutions, asset financing, wealth referral services, risk management, international trade services, foreign exchange services, repos, investments and protection products in addition to home, car, travel, life and critical illness. insurance products. Credit cards, checking and savings accounts, home loans, mortgages and mortgages are also offered.