Vistry Group PLC (LON:VTY) Receives Average Recommendation of “Hold” from Brokerages

Vistry Group PLC (LON:VTY) has been given a consensus recommendation of “Hold” by the ten research firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 556.60.

A number of research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft cut Vistry Group to a “hold” rating and lowered their price objective for the company from GBX 803 to GBX 600 in a research note on Thursday, March 5th. Jefferies Financial Group lifted their price objective on Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research note on Monday, January 19th. JPMorgan Chase & Co. lowered 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, March 10th. Bank of America lowered their price objective on Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating for the company in a research note on Monday, March 30th. Finally, Stifel Nicolaus upgraded Vistry Group to a “buy” rating and lowered their price objective for the company from GBX 670 to GBX 610 in a research note on Thursday, March 5th.

Insider Buying and Selling

In related news, insider Paul Whetsell acquired 6,000 shares of the stock in a transaction on Wednesday, March 4th. The stock was acquired at an average price of GBX 474 per share, for a total transaction of £28,440. Also, insider Tim Lawlor sold 5,292 shares of Vistry Group stock in a transaction on Friday, March 20th. The shares were sold at an average price of GBX 357, for a total value of £18,892.44. Insiders have acquired a total of 24,420 shares of company stock worth $9,356,052 over the last three months. 9.99% of the stock is owned by corporate insiders.

Vistry Group Trading Up 0.2%

VTY opened at GBX 327.36 on Friday. The stock has a market cap of £1.04 billion, a PE ratio of 7.79, a PEG ratio of -0.20 and a beta of 1.97. 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 business has a 50 day moving average of GBX 415.30 and a 200-day moving average of GBX 570.07. Vistry Group has a 52 week low of GBX 315 and a 52 week high of GBX 746.40.

Vistry Group (LON:VTY) last released its earnings results on Wednesday, March 4th. The company reported GBX 59.30 EPS for the quarter. Vistry Group had a return on equity of 4.20% and a net margin of 3.82%. Equities research analysts predict that Vistry Group will post 108.4606345 earnings per share for the current fiscal year.

Vistry Group declared that its Board of Directors has initiated a share buyback plan on Monday, February 2nd that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

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.