Vistry Group PLC (LON:VTY) Receives Consensus Recommendation of “Hold” from Analysts

Vistry Group PLC (LON:VTY) has earned an average recommendation of “Hold” from the nine analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 579.56.

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating for the company in a research note on Tuesday. Stifel Nicolaus raised Vistry Group to a “buy” rating and decreased their target price for the stock from GBX 670 to GBX 610 in a research note on Thursday, March 5th. Royal Bank Of Canada lowered their target price on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a report on Thursday, March 5th. The Goldman Sachs Group started coverage on Vistry Group in a research report on Monday, November 24th. They issued a “buy” rating and a GBX 731 target price for the company. Finally, Deutsche Bank Aktiengesellschaft cut shares of Vistry Group to a “hold” rating and reduced their price target for the stock from GBX 803 to GBX 600 in a research report on Thursday, March 5th.

Vistry Group Stock Performance

LON:VTY opened at GBX 415.56 on Thursday. The company has a debt-to-equity ratio of 17.93, a quick ratio of 0.56 and a current ratio of 2.52. The stock has a market capitalization of £1.32 billion, a P/E ratio of 37.10, a PEG ratio of -0.20 and a beta of 1.65. The company has a 50 day moving average price of GBX 649.85 and a 200 day moving average price of GBX 639.14. Vistry Group has a fifty-two week low of GBX 399.50 and a fifty-two week high of GBX 746.40.

Vistry Group (LON:VTY) last announced 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%. Equities research analysts forecast that Vistry Group will post 108.4606345 EPS for the current year.

Vistry Group announced that its Board of Directors has authorized a stock repurchase program on Monday, February 2nd that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at Vistry Group

In other Vistry Group news, insider Paul Whetsell purchased 6,000 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was bought at an average price of GBX 474 per share, with a total value of £28,440. In the last quarter, insiders have purchased 6,068 shares of company stock worth $2,888,769. 9.99% of the stock is 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.