Key Points
- Insider buying: Vanquis Banking Group insider Dave Watts bought 129 shares on May 14 for £149.64, following a similar purchase of 127 shares in April.
- Stock performance: The shares were trading down 2.8% and opened at GBX 109.80, below both the 50-day and 200-day moving averages.
- Analyst outlook: Shore Capital reiterated a buy rating, and the stock currently has a consensus Buy rating with a GBX 140 price target.
Vanquis Banking Group plc (LON:VANQ - Get Free Report) insider Dave Watts purchased 129 shares of the firm's stock in a transaction on Thursday, May 14th. The shares were acquired at an average price of GBX 116 per share, with a total value of £149.64.
Dave Watts also recently made the following trade(s):
- On Tuesday, April 14th, Dave Watts purchased 127 shares of Vanquis Banking Group stock. The shares were acquired at an average price of GBX 118 per share, with a total value of £149.86.
Vanquis Banking Group Trading Down 2.8%
Shares of Vanquis Banking Group stock opened at GBX 109.80 on Friday. The business has a 50-day moving average price of GBX 113.08 and a two-hundred day moving average price of GBX 115.67. The company has a market cap of £274.86 million, a P/E ratio of 35.42 and a beta of 1.23. Vanquis Banking Group plc has a 1-year low of GBX 78 and a 1-year high of GBX 132.
Vanquis Banking Group (LON:VANQ - Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported GBX 5 EPS for the quarter. Vanquis Banking Group had a return on equity of 1.89% and a net margin of 1.87%. Equities research analysts forecast that Vanquis Banking Group plc will post 4.1557331 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Shore Capital Group restated a "buy" rating on shares of Vanquis Banking Group in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Vanquis Banking Group currently has a consensus rating of "Buy" and a consensus price target of GBX 140.
Check Out Our Latest Stock Analysis on VANQ
Vanquis Banking Group Company Profile
(
Get Free Report)
We're Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.
https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/
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