Vanquis Banking Group (LON:VANQ) Insider Dave Watts Purchases 191 Shares

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts bought 191 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was acquired at an average cost of GBX 79 per share, with a total value of £150.89.

Dave Watts also recently made the following trade(s):

• On Thursday, July 30th, Dave Watts bought 45,000 shares of Vanquis Banking Group stock. The stock was purchased at an average cost of GBX 85 per share, with a total value of £38,250.
• On Tuesday, July 14th, Dave Watts acquired 132 shares of Vanquis Banking Group stock. The stock was purchased at an average cost of GBX 114 per share, with a total value of £150.48.
• On Monday, June 15th, Dave Watts purchased 133 shares of Vanquis Banking Group stock. The shares were acquired at an average cost of GBX 113 per share, for a total transaction of £150.29.

Vanquis Banking Group Stock Down 1.0%

Shares of VANQ stock traded down GBX 0.80 during trading on Monday, reaching GBX 79.10. 439,975 shares of the company’s stock were exchanged, compared to its average volume of 1,001,640. The firm’s fifty day moving average price is GBX 106.60 and its 200-day moving average price is GBX 111.85. Vanquis Banking Group plc has a twelve month low of GBX 77.10 and a twelve month high of GBX 132. The stock has a market capitalization of £198.01 million, a PE ratio of 29.30 and a beta of 1.17.

Vanquis Banking Group (LON:VANQ) last released its quarterly earnings results on Thursday, July 30th. The company reported GBX 1.80 earnings per share for the quarter. Vanquis Banking Group had a net margin of 1.71% and a return on equity of 2.20%. As a group, analysts anticipate that Vanquis Banking Group plc will post 4.1557331 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Shore Capital Group reiterated a “buy” rating on shares of Vanquis Banking Group in a research report on Wednesday, May 6th. Berenberg Bank decreased their price target on shares of Vanquis Banking Group from GBX 165 to GBX 145 and set a “buy” rating on the stock in a report on Thursday, July 30th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Vanquis Banking Group has an average rating of “Buy” and an average target price of GBX 142.50.

Vanquis Banking Group Company Profile

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/