Jefferies Financial Group Reiterates “Hold” Rating for Vistry Group (LON:VTY)

Vistry Group (LON:VTY)‘s stock had its “hold” rating reaffirmed by stock analysts at Jefferies Financial Group in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 251 price objective on the stock. Jefferies Financial Group’s price target points to a potential upside of 12.56% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. Bank of America dropped their price target 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. JPMorgan Chase & Co. dropped their target price on shares of Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. Stifel Nicolaus raised shares of Vistry Group to a “buy” rating and dropped their target price for the stock from GBX 670 to GBX 610 in a research report on Thursday, March 5th. Royal Bank Of Canada reissued an “underperform” rating and issued a GBX 180 target price on shares of Vistry Group in a research report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Vistry Group to a “hold” rating and dropped their target price for the stock from GBX 803 to GBX 600 in a research report on Thursday, March 5th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Vistry Group currently has a consensus rating of “Reduce” and a consensus price target of GBX 485.30.

Vistry Group Stock Performance

Vistry Group stock opened at GBX 223 on Tuesday. Vistry Group has a 12-month low of GBX 220 and a 12-month high of GBX 746.40. The company has a market capitalization of £708.23 million, a price-to-earnings ratio of 5.31, a price-to-earnings-growth ratio of -0.20 and a beta of 1.85. 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’s fifty day moving average price is GBX 303.21 and its 200 day moving average price is GBX 492.35.

Insider Activity at Vistry Group

In other Vistry Group news, insider Rob Woodward acquired 18,319 shares of the 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. Also, insider Greg Fitzgerald sold 34,642 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of GBX 357, for a total transaction of £123,671.94. Insiders acquired a total of 18,418 shares of company stock valued at $6,496,721 in the last quarter. Insiders own 1.21% of the company’s stock.

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.