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

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts bought 191 shares of Vanquis Banking Group stock in a transaction dated Monday, September 14th. The stock was purchased at an average cost of GBX 78 per share, for a total transaction of £148.98.

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

• On Friday, August 14th, Dave Watts bought 191 shares of Vanquis Banking Group stock. The stock was acquired at an average cost of GBX 79 per share, with a total value of £150.89.
• On Thursday, July 30th, Dave Watts acquired 45,000 shares of Vanquis Banking Group stock. The shares were bought at an average cost of GBX 85 per share, for a total transaction of £38,250.
• On Tuesday, July 14th, Dave Watts purchased 132 shares of Vanquis Banking Group stock. The shares were purchased at an average price of GBX 114 per share, for a total transaction of £150.48.

Vanquis Banking Group Stock Down 1.3%

VANQ traded down GBX 1 during trading hours on Tuesday, reaching GBX 76.80. 515,599 shares of the company’s stock traded hands, compared to its average volume of 1,069,021. The firm has a market capitalization of £192.25 million, a PE ratio of 28.44 and a beta of 1.17. Vanquis Banking Group plc has a 52-week low of GBX 72.30 and a 52-week high of GBX 132. The firm has a 50-day moving average price of GBX 92.22 and a 200 day moving average price of GBX 105.70.

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank lowered their price target on shares of Vanquis Banking Group from GBX 165 to GBX 145 and set a “buy” rating for the company in a research report on Thursday, July 30th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Vanquis Banking Group has an average rating of “Buy” and a consensus 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/