Vanquis Banking Group's (VANQ) "House Stock" Rating Reaffirmed at Shore Capital

Key Points

• Shore Capital has reaffirmed its "house stock" rating for Vanquis Banking Group (VANQ), indicating confidence in the company's stock performance.
• The stock currently holds an average rating of "Buy" with a price target of GBX 83, and shares recently rose by 1.9% to GBX 126.40.
• Despite a negative net margin and return on equity, analysts project earnings per share of approximately 4.16 for the current fiscal year.

Vanquis Banking Group (LON:VANQ - Get Free Report)'s stock had its "house stock" rating reaffirmed by equities researchers at Shore Capital in a report released on Monday,Digital Look reports.

Separately, Singer Capital Markets reiterated a "house stock" rating on shares of Vanquis Banking Group in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Vanquis Banking Group currently has an average rating of "Buy" and an average price target of GBX 83.

Vanquis Banking Group Stock Up 1.9%

Shares of VANQ stock traded up GBX 2.40 during trading hours on Monday, hitting GBX 126.40. 701,383 shares of the company's stock traded hands, compared to its average volume of 825,206. The stock's fifty day simple moving average is GBX 111.70 and its two-hundred day simple moving average is GBX 90.71. Vanquis Banking Group has a 12-month low of GBX 37.40 and a 12-month high of GBX 126.80. The stock has a market cap of £324.20 million, a price-to-earnings ratio of -414.43 and a beta of 1.45.

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

Vanquis Banking Group Company Profile

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