Vanquis Banking Group (LON:VANQ) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Key Points

• Analysts at Keefe, Bruyette & Woods have increased their price target for Vanquis Banking Group from GBX 120 to GBX 140, indicating a potential upside of 15.51% from its current stock price.
• The stock currently has a consensus rating of "Buy" from analysts, with an average target price of GBX 111.50.
• Vanquis Banking Group reported GBX 1.90 earnings per share in its latest quarterly results, with predictions for the current fiscal year suggesting an EPS of 4.16.

Vanquis Banking Group (LON:VANQ - Get Free Report) had its price objective lifted by stock analysts at Keefe, Bruyette & Woods from GBX 120 to GBX 140 in a report released on Friday,Digital Look reports. The firm currently has an "outperform" rating on the stock. Keefe, Bruyette & Woods' price target points to a potential upside of 15.51% from the stock's current price.

A number of other equities research analysts have also recently weighed in on VANQ. Shore Capital restated a "house stock" rating on shares of Vanquis Banking Group in a research note on Monday. Singer Capital Markets reissued a "house stock" rating on shares of Vanquis Banking Group in a research note on Thursday, September 25th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Vanquis Banking Group has a consensus rating of "Buy" and an average target price of GBX 111.50.

Vanquis Banking Group Price Performance

LON VANQ traded down GBX 3.80 during trading hours on Friday, hitting GBX 121.20. The company's stock had a trading volume of 1,346,911 shares, compared to its average volume of 826,963. Vanquis Banking Group has a 12 month low of GBX 37.40 and a 12 month high of GBX 130. The company's 50 day simple moving average is GBX 113.96 and its two-hundred day simple moving average is GBX 92.13. The company has a market cap of £310.86 million, a P/E ratio of -397.38 and a beta of 1.45.

Vanquis Banking Group (LON:VANQ - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported GBX 1.90 earnings per share (EPS) for the quarter. Vanquis Banking Group had a negative return on equity of 5.64% and a negative net margin of 6.88%. As a group, research analysts predict that Vanquis Banking Group will post 4.1557331 earnings per share for the current fiscal year.

About Vanquis Banking Group

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