Key Points
- Insider buying: Vanquis Banking Group insider Dave Watts bought 133 shares on June 15 for about £150.29 at GBX 113 per share. He has also purchased shares in May and April at slightly higher prices.
- Stock performance: The shares were trading up 1.9% and opened at GBX 116, with the stock sitting between a 12-month low of GBX 85.90 and a high of GBX 132.
- Analyst outlook: Shore Capital reaffirmed a buy rating, and the broader analyst consensus remains Buy with a price target of GBX 140.
Vanquis Banking Group plc (LON:VANQ - Get Free Report) insider Dave Watts purchased 133 shares of the firm's stock in a transaction on Monday, June 15th. The stock was bought at an average price of GBX 113 per share, for a total transaction of £150.29.
Dave Watts also recently made the following trade(s):
- On Thursday, May 14th, Dave Watts bought 129 shares of Vanquis Banking Group stock. The shares were acquired at an average price of GBX 116 per share, for a total transaction of £149.64.
- On Tuesday, April 14th, Dave Watts bought 127 shares of Vanquis Banking Group stock. The shares were acquired at an average price of GBX 118 per share, for a total transaction of £149.86.
Vanquis Banking Group Trading Up 1.9%
LON:VANQ opened at GBX 116 on Wednesday. The firm has a market capitalization of £290.39 million, a price-to-earnings ratio of 37.42 and a beta of 1.23. The firm's fifty day simple moving average is GBX 112.09 and its 200 day simple moving average is GBX 115.10. Vanquis Banking Group plc has a twelve month low of GBX 85.90 and a twelve month high of GBX 132.
Wall Street Analysts Forecast Growth
Separately, Shore Capital Group reaffirmed a "buy" rating on shares of Vanquis Banking Group in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Vanquis Banking Group currently has a consensus rating of "Buy" and a consensus price target of GBX 140.
View Our Latest Stock Report 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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