Vistry Group (LON:VTY) Reaches New 1-Year Low Following Analyst Downgrade

Shares of Vistry Group PLC (LON:VTY) hit a new 52-week low during mid-day trading on Monday after JPMorgan Chase & Co. lowered their price target on the stock from GBX 430 to GBX 210. JPMorgan Chase & Co. currently has an underweight rating on the stock. Vistry Group traded as low as GBX 234.20 and last traded at GBX 237.66, with a volume of 30308150 shares traded. The stock had previously closed at GBX 241.60.

VTY has been the topic of a number of other research reports. Bank of America lowered their price objective on Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating on the stock in a research report on Monday, March 30th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 251 price objective on shares of Vistry Group in a research report on Tuesday. Royal Bank Of Canada reiterated an “underperform” rating and issued a GBX 180 price objective on shares of Vistry Group in a research report on Wednesday, June 10th. Stifel Nicolaus upgraded Vistry Group to a “buy” rating and lowered their price objective for the stock from GBX 670 to GBX 610 in a research report on Thursday, March 5th. Finally, Deutsche Bank Aktiengesellschaft downgraded Vistry Group to a “hold” rating and lowered their price objective 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, four have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of GBX 463.30.

Insider Buying and Selling at Vistry Group

In other Vistry Group news, insider Tim Lawlor sold 5,292 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of GBX 357, for a total transaction of £18,892.44. Also, insider Rob Woodward purchased 18,319 shares of the stock in a transaction on Monday, April 20th. The shares were purchased at an average price of GBX 353 per share, for a total transaction of £64,666.07. Insiders have bought 18,418 shares of company stock worth $6,496,721 over the last 90 days. Corporate insiders own 1.21% of the company’s stock.

Vistry Group Stock Up 3.3%

The stock has a 50-day simple moving average of GBX 301.26 and a two-hundred day simple moving average of GBX 489.41. The company has a quick ratio of 0.56, a current ratio of 2.52 and a debt-to-equity ratio of 17.93. The firm has a market cap of £757.14 million, a PE ratio of 5.68, a P/E/G ratio of -0.20 and a beta of 1.85.

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.