Key Points
- Insider buying: Dave Watts purchased 191 Vanquis Banking Group shares at GBX 79 each, worth £150.89. He has also bought 45,000 shares for £38,250 and made two smaller purchases since June.
- Stock performance: VANQ opened at GBX 79.10, down 1%, near its 52-week low of GBX 77.10. The company has a market capitalization of approximately £198 million.
- Analyst outlook: Analysts maintain a consensus “Buy” rating with a GBX 142.50 target price, despite Berenberg reducing its target from GBX 165 to GBX 145.
Vanquis Banking Group plc (LON:VANQ - Get Free Report) insider Dave Watts bought 191 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average price of GBX 79 per share, for a total transaction of £150.89.
Dave Watts also recently made the following trade(s):
- On Thursday, July 30th, Dave Watts purchased 45,000 shares of Vanquis Banking Group stock. The stock was acquired at an average price of GBX 85 per share, with a total value of £38,250.
- On Tuesday, July 14th, Dave Watts purchased 132 shares of Vanquis Banking Group stock. The stock was acquired at an average price of GBX 114 per share, with a total value of £150.48.
- On Monday, June 15th, Dave Watts purchased 133 shares of Vanquis Banking Group stock. The shares were acquired at an average cost of GBX 113 per share, for a total transaction of £150.29.
Vanquis Banking Group Stock Down 1.0%
VANQ stock opened at GBX 79.10 on Tuesday. Vanquis Banking Group plc has a 52-week low of GBX 77.10 and a 52-week high of GBX 132. The stock's fifty day simple moving average is GBX 106.60 and its 200-day simple moving average is GBX 111.85. The stock has a market capitalization of £198.01 million, a price-to-earnings ratio of 29.30 and a beta of 1.17.
Vanquis Banking Group (LON:VANQ - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 1.80 EPS for the quarter. Vanquis Banking Group had a return on equity of 2.20% and a net margin of 1.71%. As a group, analysts anticipate that Vanquis Banking Group plc will post 4.1557331 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research firms have commented on VANQ. Berenberg Bank lowered their price target on Vanquis Banking Group from GBX 165 to GBX 145 and set a "buy" rating for the company in a report on Thursday, July 30th. Shore Capital Group reiterated a "buy" rating on shares of Vanquis Banking Group in a report on Wednesday, May 6th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of GBX 142.50.
View Our Latest Stock Report on Vanquis Banking Group
About Vanquis Banking Group
(
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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