Vanquis Banking Group (LON:VANQ) Receives “Buy” Rating from Shore Capital Group

Vanquis Banking Group (LON:VANQ)‘s stock had its “buy” rating reissued by analysts at Shore Capital Group in a research report issued on Wednesday,Digital Look reports.

Vanquis Banking Group Stock Performance

Shares of LON VANQ traded down GBX 5.03 during trading hours on Wednesday, hitting GBX 113.57. 7,553,491 shares of the stock were exchanged, compared to its average volume of 883,516. The company has a market cap of £284.31 million, a PE ratio of 36.64 and a beta of 1.30. The company’s fifty day simple moving average is GBX 114.24 and its two-hundred day simple moving average is GBX 115.64. Vanquis Banking Group has a 1-year low of GBX 63.72 and a 1-year high of GBX 132.

Vanquis Banking Group (LON:VANQ) last posted its quarterly earnings results on Thursday, February 26th. The company reported GBX 5 earnings per share (EPS) for the quarter. Vanquis Banking Group had a net margin of 1.87% and a return on equity of 1.89%. As a group, sell-side analysts expect that Vanquis Banking Group will post 4.1557331 EPS for the current fiscal year.

About Vanquis Banking Group

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.

https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/