Vistry Group (LON:VTY) Stock Price Target Lowered at Berenberg Bank

Vistry Group (LON:VTY) had its price objective cut by Berenberg Bank from GBX 263 to GBX 252 in a research note published on Monday morning,Digital Look reports. They currently have a hold rating on the stock.

Several other equities analysts also recently issued reports on VTY. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 180 price objective on shares of Vistry Group in a report on Friday, September 18th. Jefferies Financial Group reissued a “hold” rating and set a GBX 274 target price on shares of Vistry Group in a research note on Friday. Finally, JPMorgan Chase & Co. reduced their price target 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. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of GBX 400.88.

Vistry Group Trading Up 11.4%

Shares of VTY stock opened at GBX 286.60 on Monday. Vistry Group has a 1-year low of GBX 220 and a 1-year high of GBX 746.40. The company has a market cap of £910.99 million, a price-to-earnings ratio of 6.82, a PEG ratio of -0.20 and a beta of 1.86. The company has a debt-to-equity ratio of 30.07, a current ratio of 2.36 and a quick ratio of 0.56. The stock has a 50 day simple moving average of GBX 277.49 and a 200-day simple moving average of GBX 292.48.

Vistry Group (LON:VTY) last released its quarterly earnings results on Thursday, September 24th. The company reported GBX (18.80) earnings per share (EPS) for the quarter. Vistry Group had a negative net margin of 14.73% and a negative return on equity of 16.57%. On average, equities research analysts expect that Vistry Group will post 108.4606345 EPS for the current fiscal year.

Insider Buying and Selling at Vistry Group

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

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.