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Berenberg slashes target price on Vanquis after macro hit forces sharp cuts to forecasts

By Iain Gilbert

Date: Thursday 29 Oct 2026

(Sharecast News) - Analysts at Berenberg cut their price target on Vanquis on Thursday, lowering it from 145p to 80p after a material downgrade to earnings and returns prompted by worsening macro conditions and rising customer insolvencies.
Berenberg kept its 'buy' rating but said delivery of the group's mid‑to‑high‑teens return on...

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