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Vanquis Banking Group (LON:VANQ) Trading Up 1.2% - Should You Buy?

Vanquis Banking Group logo with Financial Services background

Vanquis Banking Group plc (LON:VANQ - Get Free Report)'s share price traded up 1.2% on Wednesday . The company traded as high as GBX 100.20 ($1.35) and last traded at GBX 100.20 ($1.35). 691,983 shares were traded during mid-day trading, a decline of 11% from the average session volume of 778,828 shares. The stock had previously closed at GBX 99 ($1.34).

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Shore Capital restated a "house stock" rating on shares of Vanquis Banking Group in a research note on Friday. Canaccord Genuity Group boosted their target price on Vanquis Banking Group from GBX 66 ($0.89) to GBX 83 ($1.12) and gave the stock a "speculative buy" rating in a research report on Friday, May 2nd.

Read Our Latest Stock Report on Vanquis Banking Group

Vanquis Banking Group Price Performance

The stock has a 50-day simple moving average of GBX 88.55 and a 200 day simple moving average of GBX 66.71. The company has a market capitalization of £262.71 million, a PE ratio of -8.40 and a beta of 1.45.

About Vanquis Banking Group

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See Also

Should You Invest $1,000 in Vanquis Banking Group Right Now?

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