Vistry Group PLC (LON:VTY) Stock Has Average Target Price of GBX 400.88 According to Brokerages

Vistry Group PLC (LON:VTY) has earned an average rating of “Reduce” from the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 400.88.

Several research analysts have recently issued reports on VTY shares. Berenberg Bank dropped their price objective on shares of Vistry Group from GBX 263 to GBX 252 and set a “hold” rating on the stock in a report on Monday, September 28th. Royal Bank Of Canada reiterated an “underperform” rating and issued a GBX 180 target price on shares of Vistry Group in a research note on Friday, September 18th. Finally, Jefferies Financial Group reissued a “hold” rating and set a GBX 274 target price on shares of Vistry Group in a research report on Friday, September 25th.

Vistry Group Price Performance

LON:VTY opened at GBX 250.40 on Friday. The stock has a market cap of £795.94 million, a P/E ratio of -1.58, a PEG ratio of -0.20 and a beta of 1.91. Vistry Group has a one year low of GBX 216 and a one year high of GBX 746.40. The company has a fifty day moving average price of GBX 262.07 and a 200 day moving average price of GBX 276.93. The company has a debt-to-equity ratio of 30.07, a current ratio of 2.36 and a quick ratio of 0.56.

Vistry Group (LON:VTY) last issued its quarterly earnings results on Thursday, September 24th. The company reported GBX (18.80) earnings per share for the quarter. Vistry Group had a negative net margin of 14.73% and a negative return on equity of 16.57%. Analysts anticipate that Vistry Group will post 108.46 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Alice Woodwark purchased 8,305 shares of the business’s stock in a transaction on Monday, October 5th. The stock was purchased at an average price of GBX 241 per share, with a total value of £20,015.05. 1.23% of the stock is currently owned by company insiders.

About Vistry Group

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.