Vistry Group PLC (LON:VTY) Receives GBX 463.30 Average Target Price from Brokerages

Vistry Group PLC (LON:VTY) has been assigned a consensus rating of “Reduce” from the ten brokerages that are presently covering the company, Marketbeat reports. Four equities 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 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 463.30.

A number of equities research analysts recently issued reports on the stock. Royal Bank Of Canada restated an “underperform” rating and issued a GBX 180 target price on shares of Vistry Group in a report on Thursday, July 9th. JPMorgan Chase & Co. cut 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 note on Monday, June 15th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 251 price objective on shares of Vistry Group in a research note on Tuesday, June 16th.

Vistry Group Stock Down 2.7%

VTY opened at GBX 275.12 on Friday. Vistry Group has a 12 month low of GBX 220 and a 12 month high of GBX 746.40. The business has a 50-day moving average of GBX 261.92 and a two-hundred day moving average of GBX 390.97. 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 stock has a market capitalization of £873.77 million, a price-to-earnings ratio of 6.55, a price-to-earnings-growth ratio of -0.20 and a beta of 1.84.

Insiders Place Their Bets

In other news, insider Adam Daniels purchased 38,372 shares of the stock in a transaction on Wednesday, July 15th. The stock was purchased at an average price of GBX 261 per share, with a total value of £100,150.92. Also, insider Paul Whetsell bought 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 14th. The shares were acquired at an average cost of GBX 253 per share, with a total value of £37,950. Insiders purchased 53,429 shares of company stock worth $13,825,254 in the last quarter. 1.21% of the stock is owned by 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.