Vistry Group (LON:VTY) Price Target Raised to GBX 500

Vistry Group (LON:VTY) had its price target upped by Royal Bank of Canada from GBX 475 ($6.14) to GBX 500 ($6.46) in a research note published on Friday, MarketBeat.com reports. They currently have an underperform rating on the stock.

VTY has been the topic of several other reports. Berenberg Bank dropped their price target on Vistry Group from GBX 750 ($9.70) to GBX 650 ($8.40) and set a “hold” rating for the company in a report on Thursday, January 2nd. JPMorgan Chase & Co. reduced their target price on shares of Vistry Group from GBX 830 ($10.73) to GBX 690 ($8.92) and set a “neutral” rating for the company in a research report on Thursday, December 5th.

Vistry Group Trading Up 1.4 %

Shares of LON:VTY opened at GBX 584 ($7.55) on Friday. Vistry Group has a 52-week low of GBX 511 ($6.61) and a 52-week high of GBX 1,436 ($18.57). The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The company has a market capitalization of £1.91 billion, a P/E ratio of 7.76, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The company has a 50-day simple moving average of GBX 607.09 and a 200 day simple moving average of GBX 764.25.

Vistry Group (LON:VTY) last released its quarterly earnings data on Wednesday, March 26th. The company reported GBX 55.90 ($0.72) earnings per share (EPS) for the quarter. Vistry Group had a return on equity of 7.69% and a net margin of 6.90%. Sell-side analysts forecast that Vistry Group will post 108.4606345 earnings per share for the current year.

Insiders Place Their Bets

In other Vistry Group news, insider Tim Lawlor sold 2,234 shares of the company’s stock in a transaction on Thursday, March 27th. The stock was sold at an average price of GBX 593 ($7.67), for a total transaction of £13,247.62 ($17,129.07). Corporate insiders own 0.64% of the company’s stock.

Vistry Group Company Profile

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.