Vistry Group (LON:VTY) Stock Rating Lowered by Deutsche Bank Aktiengesellschaft

Vistry Group (LON:VTYGet Free Report) was downgraded by equities research analysts at Deutsche Bank Aktiengesellschaft to a “hold” rating in a research note issued on Thursday, MarketBeat.com reports. They presently have a GBX 600 target price on the stock, down from their prior target price of GBX 803. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 33.87% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Stifel Nicolaus upgraded Vistry Group to a “buy” rating and lowered their target price for the stock from GBX 670 to GBX 610 in a report on Thursday. The Goldman Sachs Group started coverage on Vistry Group in a report on Monday, November 24th. They set a “buy” rating and a GBX 731 price objective for the company. Royal Bank Of Canada dropped their target price on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating on the stock in a research report on Thursday. Jefferies Financial Group boosted their target price on Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research note on Monday, January 19th. Finally, JPMorgan Chase & Co. upped their price target on Vistry Group from GBX 570 to GBX 640 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 591.78.

Check Out Our Latest Stock Analysis on VTY

Vistry Group Trading Down 4.6%

LON VTY opened at GBX 448.20 on Thursday. Vistry Group has a one year low of GBX 440.20 and a one year high of GBX 746.40. 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 firm has a market cap of £1.43 billion, a P/E ratio of 40.02, a P/E/G ratio of -0.20 and a beta of 1.65. The stock’s 50-day moving average is GBX 663.10 and its 200-day moving average is GBX 643.88.

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

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

Insider Transactions at Vistry Group

In related news, insider Paul Whetsell purchased 6,000 shares of Vistry Group stock in a transaction that occurred on Wednesday, March 4th. The stock was purchased at an average cost of GBX 474 per share, with a total value of £28,440. Insiders bought a total of 6,068 shares of company stock worth $2,888,769 in the last 90 days. Corporate insiders own 9.98% of the company’s stock.

Vistry Group News Summary

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.

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Analyst Recommendations for Vistry Group (LON:VTY)

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