Vistry Group (LON:VTY) Reaches New 12-Month Low – What’s Next?

Vistry Group PLC (LON:VTY)’s stock price reached a new 52-week low on Monday . The company traded as low as GBX 234.20 and last traded at GBX 237.66, with a volume of 30308150 shares changing hands. The stock had previously closed at GBX 241.60.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Jefferies Financial Group restated a “hold” rating and set a GBX 511 target price on shares of Vistry Group in a research report on Wednesday, May 13th. JPMorgan Chase & Co. cut their price target on Vistry Group from GBX 530 to GBX 430 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Royal Bank Of Canada reissued an “underperform” rating and set a GBX 180 price target on shares of Vistry Group in a research note on Wednesday, June 10th. Stifel Nicolaus upgraded Vistry Group to a “buy” rating and decreased their price objective for the stock from GBX 670 to GBX 610 in a report on Thursday, March 5th. Finally, 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 report on Monday, March 30th. Two analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of GBX 511.30.

Vistry Group Price Performance

The company’s 50-day moving average is GBX 305.25 and its 200-day moving average is GBX 495.34. 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 firm has a market capitalization of £754.80 million, a price-to-earnings ratio of 5.66, a PEG ratio of -0.20 and a beta of 1.85.

Insiders Place Their Bets

In related news, insider Rob Woodward purchased 18,319 shares of the business’s stock in a transaction on Monday, April 20th. The shares were bought at an average price of GBX 353 per share, with a total value of £64,666.07. Also, insider Greg Fitzgerald sold 34,642 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 transaction of £123,671.94. Insiders have purchased a total of 18,418 shares of company stock valued at $6,496,721 over the last quarter. Company insiders own 1.21% of the company’s stock.

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.