Vistry Group (LON:VTY) Hits New 12-Month High at $1,279.00

Vistry Group PLC (LON:VTY)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 1,279 ($16.07) and last traded at GBX 1,268 ($15.93), with a volume of 546574 shares trading hands. The stock had previously closed at GBX 1,225 ($15.39).

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on VTY shares. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Vistry Group in a research report on Friday. Berenberg Bank increased their target price on Vistry Group from GBX 894 ($11.23) to GBX 1,030 ($12.94) and gave the company a “hold” rating in a research report on Wednesday, March 20th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Vistry Group currently has an average rating of “Hold” and a consensus target price of GBX 956 ($12.01).

Vistry Group Stock Up 3.7 %

The firm has a market capitalization of £4.33 billion, a price-to-earnings ratio of 1,960.78, a P/E/G ratio of -0.20 and a beta of 2.11. The business has a 50 day simple moving average of GBX 1,156.07 and a 200-day simple moving average of GBX 963.49. The company has a debt-to-equity ratio of 18.24, a quick ratio of 0.56 and a current ratio of 2.57.

Insider Transactions at Vistry Group

In other news, insider Earl Sibley sold 9,849 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of GBX 1,235 ($15.51), for a total transaction of £121,635.15 ($152,788.78). In other news, insider Rowan Baker bought 247 shares of the stock in a transaction that occurred on Friday, March 15th. The stock was bought at an average cost of GBX 1,204 ($15.12) per share, for a total transaction of £2,973.88 ($3,735.56). Also, insider Earl Sibley sold 9,849 shares of the firm’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of GBX 1,235 ($15.51), for a total value of £121,635.15 ($152,788.78). In the last ninety days, insiders acquired 273 shares of company stock worth $327,743. 1.61% of the stock is currently owned by company insiders.

About Vistry Group

Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers o single family housing model. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020. Vistry Group PLC was founded in 1885 and is headquartered in West Malling, the United Kingdom.