Virgin Money UK PLC 23.2% potential upside quoted by RBC Capital Markets

Virgin Money UK PLC with Ticker (LON:VMUK) now has a potential upside of 23.2%, according to RBC Capital Markets.

RBC Capital Markets has set a target price of GBX200 for the company, which suggests a potential upside of 23.2% compared to Virgin Money UK PLC’s share price of GBX154 at the open today (08/09/2022). Trading ranged between 123 (52-week low) and 219 (52-week high), with an average of 3,340,255 shares changing hands daily. The market cap is £2,222,137,848 at the time of writing.

Virgin Money UK PLC is a UK-based full-service digital bank. The company operates under the Clydesdale Bank, Yorkshire Bank and Virgin Money brands. The company operates in three commercial lines including mortgage, unsecured and commercial. It offers various products and services to meet a range of customer, retail and commercial banking needs. Products include checking accounts, savings, loans, investments, insurance, cards, mortgages, pensions, personal banking, and business accounts, among others. It offers auto loans, home loans and debt consolidation loans. It offers investments in mutual funds and stocks and stock ISAs. Insurance products include life insurance and travel insurance. The Company has a number of customer support options including support from the UK Government‘s Bounce Back Loan Scheme (BBLS) and the Coronavirus Business Interruption Loan Scheme (CBILS).

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