Vistry Group (LON:VTY) Earns “Underperform” Rating from Royal Bank Of Canada

Vistry Group (LON:VTY)‘s stock had its “underperform” rating reaffirmed by equities research analysts at Royal Bank Of Canada in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 180 price target on the stock. Royal Bank Of Canada’s price objective points to a potential downside of 26.11% from the company’s previous close.

VTY has been the topic of several other research reports. JPMorgan Chase & Co. dropped their target price on shares of Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 511 price objective on shares of Vistry Group in a report on Wednesday, May 13th. Bank of America dropped their price objective on shares of Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating on the stock in a report on Monday, March 30th. Stifel Nicolaus upgraded shares of Vistry Group to a “buy” rating and dropped their price objective for the company from GBX 670 to GBX 610 in a report on Thursday, March 5th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Vistry Group to a “hold” rating and dropped their price objective for the company from GBX 803 to GBX 600 in a report on Thursday, March 5th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of GBX 511.30.

Vistry Group Price Performance

VTY stock opened at GBX 243.60 on Wednesday. The firm has a market cap of £773.65 million, a price-to-earnings ratio of 5.80, a PEG ratio of -0.20 and a beta of 1.88. The company has a quick ratio of 0.56, a current ratio of 2.52 and a debt-to-equity ratio of 17.93. Vistry Group has a 12-month low of GBX 242.60 and a 12-month high of GBX 746.40. The company’s fifty day simple moving average is GBX 310.85 and its 200 day simple moving average is GBX 502.97.

Insider Activity

In other news, insider Greg Fitzgerald sold 34,642 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of GBX 357, for a total transaction of £123,671.94. Also, insider Tim Lawlor sold 5,292 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of GBX 357, for a total transaction of £18,892.44. Over the last 90 days, insiders have purchased 18,456 shares of company stock worth $6,512,073. Company insiders own 1.21% of the company’s stock.

Vistry Group Company Profile

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.