What’s Next for Virgin Money Holdings (UK) PLC After Today’s Huge Decline?

 What's Next for Virgin Money Holdings (UK) PLC After Today's Huge Decline?

The stock of Virgin Money Holdings (UK) PLC (LON:VM) is a huge mover today! The stock increased 1.81% or GBX 5.73 on November 18, hitting GBX 322.43. About 11.19 million shares traded hands or 1030.53% up from the average. Virgin Money Holdings (UK) PLC (LON:VM) has declined 7.18% since April 20, 2016 and is downtrending. It has underperformed by 11.61% the S&P500.
The move comes after 9 months negative chart setup for the GBX 1.31B company. It was reported on Nov, 18 by Barchart.com. We have GBX 299.86 PT which if reached, will make LON:VM worth GBX 91.70 million less.

Virgin Money Holdings (UK) PLC (LON:VM) Ratings Coverage

Out of 16 analysts covering Virgin Money Holdings Uk Plc (LON:VM), 13 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 81% are positive. Virgin Money Holdings Uk Plc has been the topic of 74 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by Investec on Thursday, January 21 with “Buy”. The firm has “Buy” rating given on Thursday, October 29 by Investec. Numis Securities maintained Virgin Money Holdings (UK) PLC (LON:VM) rating on Wednesday, September 28. Numis Securities has “Buy” rating and GBX 370 price target. The company was maintained on Monday, February 29 by Nomura. As per Wednesday, May 4, the company rating was maintained by Numis Securities. BNP Paribas maintained Virgin Money Holdings (UK) PLC (LON:VM) on Thursday, July 30 with “Outperform” rating. Credit Suisse maintained Virgin Money Holdings (UK) PLC (LON:VM) rating on Wednesday, July 13. Credit Suisse has “Neutral” rating and GBX 275 price target. The firm has “Hold” rating given on Wednesday, October 7 by Shore Capital. The company was maintained on Thursday, March 3 by BNP Paribas. The stock has “Neutral” rating given by Goldman Sachs on Monday, November 14.

More news for Virgin Money Holdings (UK) PLC (LON:VM) were recently published by: Bloomberg.com, which released: “Wilbur Ross’s Firm Exits U.K.’s Virgin Money With Stake Sale” on November 17, 2016. Fool.Co.Uk‘s article titled: “Why Barclays plc just can’t compete with Virgin Money Holdings (UK) plc” and published on August 12, 2016 is yet another important article.

Virgin Money Holdings plc is a United Kingdom retail-only bank. The company has a market cap of 1.31 billion GBP. The Firm is focused on providing residential mortgages, savings and credit cards. It has a 11.44 P/E ratio. The Firm also offers a range of investment and insurance products.

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