Vistry Group (LON:VTY) Price Target Cut to GBX 210 by Analysts at JPMorgan Chase & Co.

Vistry Group (LON:VTY) had its price target lowered by research analysts at JPMorgan Chase & Co. from GBX 430 to GBX 210 in a research report issued to clients and investors on Monday,Digital Look reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential downside of 7.74% from the company’s previous close.

Several other equities research analysts have also recently issued reports on VTY. 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. Royal Bank Of Canada reiterated an “underperform” rating and set a GBX 180 target price on shares of Vistry Group in a report on Wednesday, June 10th. Bank of America dropped their target price on shares of Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating for the company in a research report on Monday, March 30th. Jefferies Financial Group reissued a “hold” rating and set a GBX 251 target price on shares of Vistry Group in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Vistry Group to a “hold” rating and dropped their target price for the stock from GBX 803 to GBX 600 in a research report on Thursday, March 5th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of GBX 463.30.

Vistry Group Trading Up 1.4%

Shares of VTY stock traded up GBX 3.23 during mid-day trading on Monday, hitting GBX 227.63. 21,491,461 shares of the company’s stock were exchanged, compared to its average volume of 16,656,418. Vistry Group has a fifty-two week low of GBX 220 and a fifty-two week high of GBX 746.40. The stock has a 50-day simple moving average of GBX 303.21 and a two-hundred day simple moving average of GBX 492.35. 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 stock has a market cap of £722.92 million, a price-to-earnings ratio of 5.42, a PEG ratio of -0.20 and a beta of 1.85.

Insider Transactions at Vistry Group

In related news, insider Greg Fitzgerald sold 34,642 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of GBX 357, for a total transaction of £123,671.94. Also, insider Rob Woodward acquired 18,319 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The shares were acquired at an average price of GBX 353 per share, for a total transaction of £64,666.07. Over the last 90 days, insiders have purchased 18,418 shares of company stock valued at $6,496,721. 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.