Berenberg Bank Issues Pessimistic Forecast for Vistry Group (LON:VTY) Stock Price

Key Points

• Berenberg Bank cut Vistry Group’s price target from GBX 263 to GBX 252 and maintained a “hold” rating, implying 14.29% downside from the prior close.
• Analyst sentiment remains cautious: JPMorgan rated the stock “underweight” with a GBX 210 target, while RBC maintained “underperform” at GBX 180. MarketBeat’s overall rating is “Reduce,” based on two buys, three holds and three sells.
• Vistry faces significant operating pressure after reporting a quarterly loss of GBX 18.80 per share, negative margins and return on equity, while restructuring efforts include office closures and lower building targets.

Vistry Group (LON:VTY - Get Free Report) had its price objective cut by Berenberg Bank from GBX 263 to GBX 252 in a research note issued on Monday, Digital Look reports. The brokerage presently has a "hold" rating on the stock. Berenberg Bank's price objective points to a potential downside of 14.29% from the company's previous close.

Several other analysts have also issued reports on VTY. JPMorgan Chase & Co. cut their price target on Vistry Group from GBX 430 to GBX 210 and set an "underweight" rating for the company in a report on Monday, June 15th. Royal Bank Of Canada reaffirmed an "underperform" rating and issued a GBX 180 price objective on shares of Vistry Group in a research note on Friday, September 18th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 274 price objective on shares of Vistry Group in a research report on Friday. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Vistry Group presently has an average rating of "Reduce" and a consensus target price of GBX 400.88.

Vistry Group Stock Performance

Shares of LON VTY opened at GBX 294 on Monday. Vistry Group has a 12-month low of GBX 220 and a 12-month high of GBX 746.40. The firm has a market capitalization of £934.51 million, a price-to-earnings ratio of 7.00, a price-to-earnings-growth ratio of -0.20 and a beta of 1.86. The company has a current ratio of 2.36, a quick ratio of 0.56 and a debt-to-equity ratio of 30.07. The firm has a 50 day moving average of GBX 277.13 and a 200 day moving average of GBX 293.40.

Vistry Group (LON:VTY - Get Free Report) last released 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 return on equity of 16.57% and a negative net margin of 14.73%. On average, research analysts anticipate that Vistry Group will post 108.4606345 earnings per share for the current year.

Insiders Place Their Bets

In other Vistry Group news, insider Paul Whetsell acquired 15,000 shares of the stock in a transaction dated Tuesday, July 14th. The shares were acquired at an average cost of GBX 253 per share, for a total transaction of £37,950. Also, insider Adam Daniels acquired 38,372 shares of the stock in a transaction dated Wednesday, July 15th. The stock was acquired at an average price of GBX 261 per share, for a total transaction of £100,150.92. Corporate insiders own 1.23% of the company's stock.

Key Stories Impacting Vistry Group

Here are the key news stories impacting Vistry Group this week:

• Positive Sentiment: Jefferies reaffirmed its “hold” rating and set a GBX 274 price target, modestly above the recent trading level. This suggests the broker sees some potential recovery, although not enough to justify a bullish recommendation.
• Neutral Sentiment: Vistry is closing offices, reducing its building targets and reorganising operations as part of an overhaul. The moves could lower costs and conserve cash over time, but they also indicate a smaller business and weaker expected activity. Vistry shuts offices and cuts building targets in overhaul
• Negative Sentiment: Vistry reported a first-half loss of approximately £661 million, compared with a profit previously, and posted quarterly earnings per share of GBX (18.80). The results reflect significant pressure on profitability and asset values. Vistry Group Turns To H1 Loss; Cuts Annual Profit Outlook
• Negative Sentiment: The company cut its annual profit outlook and announced a major business rethink, increasing uncertainty around earnings, construction volumes and future shareholder returns. The shares remain substantially below their 12-month high, underscoring the loss of investor confidence. Vistry Group Unveils Business Overhaul Amid First-half Loss; Shares Plunge

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.

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