Vistry Group PLC (LON:VTY) Receives GBX 629.25 Consensus PT from Brokerages

Shares of Vistry Group PLC (LON:VTYGet Free Report) have received a consensus recommendation of “Hold” from the nine brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 591.78.

Several brokerages have issued reports on VTY. Deutsche Bank Aktiengesellschaft lowered Vistry Group to a “hold” rating and cut their target price for the stock from GBX 803 to GBX 600 in a research note on Thursday. The Goldman Sachs Group initiated coverage on shares of Vistry Group in a research report on Monday, November 24th. They set a “buy” rating and a GBX 731 price target for the company. Royal Bank Of Canada dropped their target price on shares of Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a report on Thursday. Stifel Nicolaus raised Vistry Group to a “buy” rating and cut their target price for the stock from GBX 670 to GBX 610 in a research note on Thursday. Finally, JPMorgan Chase & Co. upped their target price on Vistry Group from GBX 570 to GBX 640 and gave the company a “neutral” rating in a report on Thursday, December 4th.

Check Out Our Latest Research Report on VTY

Vistry Group Stock Down 4.6%

Shares of LON VTY opened at GBX 448.20 on Thursday. Vistry Group has a 12 month low of GBX 440.20 and a 12 month high of GBX 746.40. The company has a current ratio of 2.52, a quick ratio of 0.56 and a debt-to-equity ratio of 17.93. The firm has a market capitalization of £1.43 billion, a price-to-earnings ratio of 40.02, a PEG ratio of -0.20 and a beta of 1.65. The business has a 50-day moving average of GBX 663.10 and a 200-day moving average of GBX 643.87.

Vistry Group (LON:VTYGet Free Report) last announced its earnings results on Wednesday, March 4th. The company reported GBX 59.30 earnings per share for the quarter. Vistry Group had a net margin of 3.82% and a return on equity of 4.20%. Sell-side analysts expect that Vistry Group will post 108.4606345 earnings per share for the current fiscal year.

Vistry Group announced that its board has authorized a stock buyback plan on Monday, February 2nd that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling at Vistry Group

In other news, insider Paul Whetsell bought 6,000 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was purchased at an average price of GBX 474 per share, with a total value of £28,440. In the last quarter, insiders purchased 6,068 shares of company stock worth $2,888,769. 9.98% of the stock is currently owned by corporate insiders.

Trending Headlines about Vistry Group

Here are the key news stories impacting Vistry Group this week:

About Vistry Group

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Vistry Group (LON:VTY)

Receive News & Ratings for Vistry Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistry Group and related companies with MarketBeat.com's FREE daily email newsletter.