Brokerages Set Vistry Group PLC (LON:VTY) Target Price at GBX 541.80

Vistry Group PLC (LON:VTY) has been given a consensus rating of “Hold” by the ten ratings firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 531.80.

Several research firms have recently issued reports on VTY. JPMorgan Chase & Co. decreased their target price on Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft lowered Vistry Group to a “hold” rating and decreased their price objective for the company from GBX 803 to GBX 600 in a research report on Thursday, March 5th. Stifel Nicolaus upgraded Vistry Group to a “buy” rating and decreased their price objective for the company from GBX 670 to GBX 610 in a research report on Thursday, March 5th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 511 price objective on shares of Vistry Group in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada decreased their price objective on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a research report on Thursday, March 5th.

Insiders Place Their Bets

In other Vistry Group news, insider Paul Whetsell acquired 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was acquired at an average cost of GBX 474 per share, for a total transaction of £28,440. Also, insider Rob Woodward acquired 18,319 shares of the firm’s stock in a transaction that occurred on Monday, April 20th. The stock was acquired at an average price of GBX 353 per share, with a total value of £64,666.07. Insiders have acquired a total of 24,456 shares of company stock valued at $9,356,073 over the last 90 days. 9.99% of the stock is owned by company insiders.

Vistry Group Price Performance

Vistry Group stock opened at GBX 266.70 on Tuesday. The firm has a market capitalization of £847.57 million, a P/E ratio of 6.35, a PEG ratio of -0.20 and a beta of 1.88. Vistry Group has a 1 year low of GBX 251 and a 1 year high of GBX 746.40. The business has a 50-day moving average of GBX 332.53 and a 200-day moving average of GBX 531.34. The company has a current ratio of 2.52, a quick ratio of 0.56 and a debt-to-equity ratio of 17.93.

Vistry Group (LON:VTY) last posted its earnings results on Wednesday, March 4th. The company reported GBX 59.30 earnings per share (EPS) for the quarter. Vistry Group had a return on equity of 4.20% and a net margin of 3.82%. On average, equities analysts anticipate that Vistry Group will post 108.4606345 EPS for the current year.

Vistry Group declared that its Board of Directors has initiated a stock buyback plan on Monday, February 2nd that allows the company to repurchase 0 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

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.