Vistry Group PLC (LON:VTY) Receives GBX 541.80 Consensus Price Target from Analysts

Vistry Group PLC (LON:VTY) has earned a consensus rating of “Hold” from the ten brokerages that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 531.80.

A number of equities research analysts recently weighed in on VTY shares. Deutsche Bank Aktiengesellschaft lowered Vistry Group to a “hold” rating and reduced their price objective for the stock from GBX 803 to GBX 600 in a research report on Thursday, March 5th. Royal Bank Of Canada reduced their price objective on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Bank of America reduced 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. JPMorgan Chase & Co. reduced their price objective on Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating on the stock in a research report on Tuesday, May 19th. Finally, Stifel Nicolaus upgraded Vistry Group to a “buy” rating and reduced their price objective for the stock from GBX 670 to GBX 610 in a research report on Thursday, March 5th.

Insider Transactions at Vistry Group

In other news, insider Paul Whetsell acquired 6,000 shares of Vistry Group stock in a transaction that occurred on Wednesday, March 4th. The shares were acquired at an average price of GBX 474 per share, for a total transaction of £28,440. Also, insider Rob Woodward acquired 18,319 shares of Vistry Group stock in a transaction that occurred 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. Over the last quarter, insiders have acquired 24,456 shares of company stock worth $9,356,073. 9.99% of the stock is currently owned by insiders.

Vistry Group Price Performance

Vistry Group stock opened at GBX 272.37 on Tuesday. The company has a debt-to-equity ratio of 17.93, a quick ratio of 0.56 and a current ratio of 2.52. Vistry Group has a 52 week low of GBX 251 and a 52 week high of GBX 746.40. The stock has a market capitalization of £865.58 million, a P/E ratio of 6.48, a price-to-earnings-growth ratio of -0.20 and a beta of 1.88. The stock has a fifty day moving average of GBX 335.24 and a 200-day moving average of GBX 534.55.

Vistry Group (LON:VTY) last posted its quarterly 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%. On average, sell-side analysts expect that Vistry Group will post 108.4606345 earnings per share for the current fiscal year.

Vistry Group announced that its Board of Directors has authorized a share repurchase program on Monday, February 2nd that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is 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.