Vistry Group PLC (LON:VTY) Given Average Rating of “Reduce” by Analysts

Shares of Vistry Group PLC (LON:VTY) have been given a consensus recommendation of “Reduce” by the seven analysts that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 600.43.

VTY has been the subject of several analyst reports. Citigroup reduced their price target on shares of Vistry Group from GBX 602 to GBX 601 and set a “neutral” rating for the company in a report on Thursday, September 11th. UBS Group reissued a “sell” rating and set a GBX 450 price target on shares of Vistry Group in a report on Friday, September 5th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Vistry Group in a report on Thursday, July 17th. Jefferies Financial Group reduced their price target on shares of Vistry Group from GBX 634 to GBX 628 and set a “hold” rating for the company in a report on Friday, September 12th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 650 price objective on shares of Vistry Group in a research note on Monday, September 8th.

Insider Buying and Selling at Vistry Group

In related news, insider Greg Fitzgerald acquired 84,068 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The shares were acquired at an average cost of GBX 590 per share, for a total transaction of £496,001.20. Insiders have bought 84,141 shares of company stock worth $49,644,889 in the last quarter. 10.64% of the stock is owned by insiders.

Vistry Group Stock Performance

Shares of VTY opened at GBX 654.83 on Monday. Vistry Group has a 1 year low of GBX 486.70 and a 1 year high of GBX 1,373. The company has a market cap of £2.11 billion, a price-to-earnings ratio of 5,846.71, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The firm has a fifty day moving average of GBX 620.30 and a 200-day moving average of GBX 613.95.

Vistry Group (LON:VTY) last announced its quarterly earnings results on Wednesday, September 10th. The company reported GBX 17.60 earnings per share (EPS) for the quarter. Vistry Group had a net margin of 6.90% and a return on equity of 7.69%. As a group, equities analysts anticipate that Vistry Group will post 108.4606345 earnings per share for the current year.

Vistry Group announced that its Board of Directors has authorized a share repurchase plan on Monday, August 11th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

About Vistry Group

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.