Vistry Group (LON:VTY) Stock Price Up 16% – What’s Next?

Shares of Vistry Group PLC (LON:VTY) were up 16% on Tuesday . The stock traded as high as GBX 320.60 and last traded at GBX 311.60. 329,949,656 shares traded hands during trading, an increase of 1,941% from the average session volume of 16,163,027 shares. The stock had previously closed at GBX 268.60.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Royal Bank Of Canada reaffirmed an “underperform” rating and issued a GBX 180 price target on shares of Vistry Group in a report on Thursday, July 9th. JPMorgan Chase & Co. reduced their price objective on shares of Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating for the company in a research report on Monday, June 15th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 274 target price on shares of Vistry Group in a report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vistry Group currently has an average rating of “Reduce” and a consensus price target of GBX 465.60.

Vistry Group Price Performance

The stock has a 50-day moving average price of GBX 265.58 and a 200 day moving average price of GBX 358.19. The company has a debt-to-equity ratio of 17.93, a current ratio of 2.52 and a quick ratio of 0.56. The firm has a market cap of £989.61 million, a price-to-earnings ratio of 7.42, a PEG ratio of -0.20 and a beta of 1.85.

Insider Transactions at Vistry Group

In other news, insider Paul Whetsell purchased 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 14th. The shares were purchased at an average price of GBX 253 per share, for a total transaction of £37,950. Also, insider Adam Daniels purchased 38,372 shares of the business’s stock in a transaction on Wednesday, July 15th. The shares were purchased at an average cost of GBX 261 per share, for a total transaction of £100,150.92. 1.23% of the stock is owned by corporate insiders.

About Vistry Group

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.