Vistry Group (LON:VTY) Earns “Underperform” Rating from Royal Bank Of Canada

Vistry Group (LON:VTY)‘s stock had its “underperform” rating reissued by research analysts at Royal Bank Of Canada in a research report issued on Wednesday,Digital Look reports. They presently have a GBX 180 target price on the stock. Royal Bank Of Canada’s target price would suggest a potential downside of 26.11% from the stock’s current price.

A number of other research firms have also recently weighed in on VTY. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 511 target price on shares of Vistry Group in a research note on Wednesday, May 13th. Bank of America dropped their target price on shares of Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating on the stock in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft cut shares of Vistry Group to a “hold” rating and dropped their target price for the company from GBX 803 to GBX 600 in a research note on Thursday, March 5th. Stifel Nicolaus upgraded shares of Vistry Group to a “buy” rating and dropped their target price for the company from GBX 670 to GBX 610 in a research note on Thursday, March 5th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of GBX 511.30.

Vistry Group Trading Down 2.2%

Shares of VTY stock opened at GBX 243.60 on Wednesday. Vistry Group has a 52-week low of GBX 242.60 and a 52-week high of GBX 746.40. 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 company has a 50-day simple moving average of GBX 310.85 and a two-hundred day simple moving average of GBX 502.97. The company has a market capitalization of £773.65 million, a price-to-earnings ratio of 5.80, a PEG ratio of -0.20 and a beta of 1.88.

Insiders Place Their Bets

In other Vistry Group news, insider Greg Fitzgerald sold 34,642 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of GBX 357, for a total value of £123,671.94. Also, insider Rob Woodward bought 18,319 shares of the stock in a transaction on Monday, April 20th. The stock was purchased at an average price of GBX 353 per share, for a total transaction of £64,666.07. Insiders have bought 18,456 shares of company stock worth $6,512,073 in the last three months. 1.21% 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.