Virgin Wines UK PLC 37.9% potential upside indicated by Liberum Capital

Virgin Wines UK PLC with ticker (LON:VINO) now has a potential upside of 37.9% according to Liberum Capital.



Liberum Capital set a target price of 300 GBX for the company, which when compared to the Virgin Wines UK PLC share price of 186 GBX at opening today (25/11/2021) indicates a potential upside of 37.9%. Trading has ranged between 170 (52 week low) and 250 (52 week high) with an average of 87,759 shares exchanging hands daily. The market capitalisation at the time of writing is £103,969,553.

Virgin Wines UK PLC is a United Kingdom-based direct-to-consumer online wine retailers. The Company is the exclusive licensee of the Virgin Wines brand in the United Kingdom (UK) and Ireland. It provides range of sales channels to suit its customers’ varying buying requirements, including two subscription schemes alongside a pay-as-you-go option for customers who want access to Virgin Wines’ range of wines but, do not want to feel committed to a subscription scheme. Its subscription schemes include WineBank and Wine Plan. WineBank is the Company’s primary subscription scheme and gives members the opportunity to spread the cost of buying wine. Members save a chosen amount each month into their WineBank account, which it holds in a separate bank account. Wine Plan offers members convenient shipment schemes that deliver a 12-bottle mixed case, comprising new discoveries and existing customer favorites every three months and at Christmas.