Vistry Group PLC (LON:VTY) Receives Average Recommendation of "Reduce" from Analysts

Key Points

• Vistry Group has a consensus “Reduce” rating among 10 analysts: four recommend selling, four advise holding, and two recommend buying. The average 12-month price target is GBX 465.60.
• Analysts have recently lowered or maintained cautious targets, including JPMorgan’s cut to GBX 210 with an “underweight” rating and RBC’s GBX 180 “underperform” target.
• The stock opened at GBX 311.24, well below its one-year high of GBX 746.40. Insiders recently bought shares, including purchases by Paul Whetsell and Adam Daniels totaling roughly £138,000.

Vistry Group PLC (LON:VTY - Get Free Report) has been assigned a consensus rating of "Reduce" from the ten brokerages that are presently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 465.60.

Several research analysts recently commented on VTY shares. JPMorgan Chase & Co. cut their price target on Vistry Group from GBX 430 to GBX 210 and set an "underweight" rating on the stock in a research note on Monday, June 15th. Royal Bank Of Canada restated an "underperform" rating and set a GBX 180 price objective on shares of Vistry Group in a report on Thursday, July 9th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 274 target price on shares of Vistry Group in a research report on Wednesday, August 12th.

Vistry Group Stock Performance

LON:VTY opened at GBX 311.24 on Thursday. The firm has a 50-day moving average of GBX 268.71 and a two-hundred day moving average of GBX 352.83. 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 stock has a market cap of £988.46 million, a P/E ratio of 7.41, a PEG ratio of -0.20 and a beta of 1.85. Vistry Group has a 1-year low of GBX 220 and a 1-year high of GBX 746.40.

Insiders Place Their Bets

In related news, insider Paul Whetsell purchased 15,000 shares of the business's stock in a transaction that occurred on Tuesday, July 14th. The shares were purchased at an average cost of GBX 253 per share, with a total value of £37,950. Also, insider Adam Daniels acquired 38,372 shares of Vistry Group stock in a transaction on Wednesday, July 15th. The shares were bought at an average price of GBX 261 per share, for a total transaction of £100,150.92. 1.23% of the stock is currently owned by 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source