Analysts Set Vistry Group PLC (LON:VTY) Target Price at GBX 463.30

Vistry Group PLC (LON:VTY) has earned a consensus recommendation of “Reduce” from the ten research firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 463.30.

A number of equities analysts have weighed in on VTY shares. Royal Bank Of Canada reissued an “underperform” rating and issued a GBX 180 price objective on shares of Vistry Group in a research report on Thursday, July 9th. Bank of America reduced 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 report on Monday, March 30th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 251 target price on shares of Vistry Group in a report on Tuesday, June 16th. Finally, JPMorgan Chase & Co. decreased their target price on Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating for the company in a research report on Monday, June 15th.

Vistry Group Trading Up 4.2%

Shares of VTY opened at GBX 267.99 on Wednesday. Vistry Group has a 12 month low of GBX 220 and a 12 month high of GBX 746.40. The stock’s 50-day moving average is GBX 265.99 and its two-hundred day moving average is GBX 435.33. 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 stock has a market cap of £851.11 million, a PE ratio of 6.38, a P/E/G ratio of -0.20 and a beta of 1.84.

Insider Buying and Selling

In related news, insider Paul Whetsell acquired 15,000 shares of Vistry Group stock in a transaction that occurred on Tuesday, July 14th. The stock was acquired at an average price of GBX 253 per share, for a total transaction of £37,950. Also, insider Rob Woodward purchased 18,319 shares of the stock in a transaction dated Monday, April 20th. The shares were purchased at an average price of GBX 353 per share, with a total value of £64,666.07. Insiders have bought a total of 33,418 shares of company stock worth $10,291,721 over 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.