Vistry Group PLC (LON:VTY) Given Average Recommendation of “Reduce” by Brokerages

Shares of Vistry Group PLC (LON:VTY) have received an average recommendation of “Reduce” from the ten brokerages that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 465.60.

VTY has been the topic of several research analyst reports. JPMorgan Chase & Co. decreased their price target on shares of Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating on the stock in a research report on Monday, June 15th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 180 price objective on shares of Vistry Group in a research report on Thursday, July 9th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 274 target price on shares of Vistry Group in a research note on Wednesday, August 12th.

Vistry Group Trading Down 1.6%

Shares of VTY stock opened at GBX 278.80 on Thursday. The firm has a market capitalization of £885.44 million, a P/E ratio of 6.64, a price-to-earnings-growth ratio of -0.20 and a beta of 1.85. Vistry Group has a 1 year low of GBX 220 and a 1 year high of GBX 746.40. The firm’s fifty day simple moving average is GBX 273.73 and its 200 day simple moving average is GBX 338.85. The company has a current ratio of 2.52, a quick ratio of 0.56 and a debt-to-equity ratio of 17.93.

Insider Activity

In other news, insider Paul Whetsell acquired 15,000 shares of the firm’s stock in a transaction dated Tuesday, July 14th. The shares were bought at an average price of GBX 253 per share, with a total value of £37,950. Also, insider Adam Daniels acquired 38,372 shares of the stock in a transaction dated Wednesday, July 15th. The shares were purchased at an average price of GBX 261 per share, for a total transaction of £100,150.92. Insiders own 1.23% 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.