Shore Capital Reiterates House Stock Rating for Vanquis Banking Group (LON:VANQ)

Key Points

• Shore Capital has reiterated its "house stock" rating for Vanquis Banking Group in a recent research note to investors.
• Canaccord Genuity Group has raised its target price for Vanquis shares from GBX 66 ($0.88) to GBX 83 ($1.11), with a rating of "speculative buy."
• The current share price of Vanquis Banking Group is GBX 116.76 ($1.56), with a market capitalization of £296.08 million.

Vanquis Banking Group (LON:VANQ - Get Free Report)'s stock had its "house stock" rating reiterated by Shore Capital in a research note issued to investors on Thursday, Marketbeat.com reports.

Separately, Canaccord Genuity Group raised their target price on shares of Vanquis Banking Group from GBX 66 ($0.88) to GBX 83 ($1.11) and gave the stock a "speculative buy" rating in a research report on Friday, May 2nd.

Vanquis Banking Group Price Performance

Shares of VANQ opened at GBX 116.76 ($1.56) on Thursday. The firm has a 50 day simple moving average of GBX 96.64 and a 200-day simple moving average of GBX 73.20. Vanquis Banking Group has a 1-year low of GBX 37.40 ($0.50) and a 1-year high of GBX 120 ($1.60). The stock has a market cap of £296.08 million, a price-to-earnings ratio of -9.47 and a beta of 1.45.

Vanquis Banking Group Company Profile

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