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

Shore Capital reaffirmed their house stock rating on shares of Vanquis Banking Group (LON:VANQ) in a research report sent to investors on Thursday, Marketbeat.com reports.

Separately, Canaccord Genuity Group raised shares of Vanquis Banking Group to a speculative buy rating and reduced their target price for the stock from GBX 123 ($1.58) to GBX 66 ($0.85) in a research note on Monday, May 13th.

Vanquis Banking Group Price Performance

Shares of VANQ stock opened at GBX 54.93 ($0.71) on Thursday. The firm’s 50-day moving average is GBX 52.52 and its two-hundred day moving average is GBX 71.35. Vanquis Banking Group has a 12 month low of GBX 42.61 ($0.55) and a 12 month high of GBX 134.80 ($1.73). The company has a market capitalization of £140.88 million, a PE ratio of -2,805.00 and a beta of 1.37.

About Vanquis Banking Group

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.