Vanquis Banking Group’s (VANQ) “House Stock” Rating Reiterated at Shore Capital

Vanquis Banking Group (LON:VANQGet Free Report)‘s stock had its “house stock” rating reissued by equities researchers at Shore Capital in a note issued to investors on Wednesday, LSE.Co.UK reports.

A number of other equities analysts have also commented on VANQ. Canaccord Genuity Group raised Vanquis Banking Group to a “speculative buy” rating and dropped their price target for the company from GBX 123 ($1.54) to GBX 66 ($0.83) in a research note on Monday. Barclays lowered their target price on Vanquis Banking Group from GBX 190 ($2.39) to GBX 140 ($1.76) and set an “overweight” rating for the company in a research report on Tuesday, March 12th.

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Vanquis Banking Group Stock Performance

Shares of LON VANQ opened at GBX 56.26 ($0.71) on Wednesday. The firm’s fifty day moving average is GBX 54.65 and its two-hundred day moving average is GBX 96.73. Vanquis Banking Group has a 52-week low of GBX 43.15 ($0.54) and a 52-week high of GBX 234 ($2.94). The company has a market cap of £144.30 million, a P/E ratio of -2,818.85 and a beta of 1.37.

Vanquis Banking Group Company Profile

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Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards products, and unsecured personal loans products, as well as provides vehicle finance for cars, motorbikes, van, and light commercial vehicles.

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