Virgin Money – Growth in 2021

Virgin Money Uk has been on our radar following the merger and rebranding that took place last year.

Virgin Money is investing heavily in technology and executing well on the merger of the old Clydesdale Bank with the Virgin Money business. Analysts are forecasting 10%+ in profit growth for 2021 and the current 8x PE is un-demanding.

You're not a member!  Trial today!

The dividend yield is 3% based on 2020 earnings and likely to increase into 2021.

We see price support at $3.20

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2020 Investor Signals