Vistry Group (LON:VTY) Earns "Hold" Rating from Jefferies Financial Group

Key Points

• Jefferies reaffirmed its “Hold” rating on Vistry Group and set a GBX 272 price target, implying roughly 1.23% downside from the reported share price.
• Analyst sentiment remains cautious: Vistry has two Buy, three Hold and three Sell ratings, with an overall consensus rating of “Reduce.”
• Shares rose to GBX 275.40, but the company reported a quarterly loss of GBX 18.80 per share, negative net margins and negative return on equity.

Vistry Group (LON:VTY - Get Free Report)'s stock had its "hold" rating restated by equities research analysts at Jefferies Financial Group in a note issued to investors on Tuesday, London Stock Exchange reports. They presently have a GBX 272 price objective on the stock. Jefferies Financial Group's price objective would suggest a potential downside of 1.23% from the stock's current price.

VTY has been the topic of a number of other research reports. Royal Bank Of Canada reiterated an "underperform" rating and issued a GBX 180 price objective on shares of Vistry Group in a research report on Friday, September 18th. Berenberg Bank lowered their price target on Vistry Group from GBX 263 to GBX 252 and set a "hold" rating on the stock in a report on Monday, September 28th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus price target of GBX 400.62.

Vistry Group Price Performance

Shares of Vistry Group stock traded up GBX 20.20 on Tuesday, reaching GBX 275.40. The stock had a trading volume of 133,504,281 shares, compared to its average volume of 13,147,733. Vistry Group has a 1 year low of GBX 216 and a 1 year high of GBX 746.40. The company has a market cap of £875.41 million, a P/E ratio of -1.74, a price-to-earnings-growth ratio of -0.20 and a beta of 1.91. 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 business's 50 day moving average is GBX 261.11 and its two-hundred day moving average is GBX 365.22.

Vistry Group (LON:VTY - Get Free Report) last issued its quarterly earnings data on Thursday, September 24th. The company reported GBX (18.80) EPS for the quarter. Vistry Group had a negative net margin of 14.73% and a negative return on equity of 16.57%. As a group, research analysts anticipate that Vistry Group will post 108.46 EPS for the current year.

Insider Transactions at Vistry Group

In other news, insider Alice Woodwark acquired 8,305 shares of the business's stock in a transaction dated Monday, October 5th. The stock was purchased at an average cost of GBX 241 per share, for a total transaction 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.

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