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

Key Points

• Jefferies reiterated its “hold” rating on Vistry Group and set a GBX 274 price target, implying approximately 1.11% upside from the current price.
• Analyst sentiment remains cautious: Vistry has an average “Reduce” rating, with two Buy, four Hold, and four Sell recommendations; the consensus target is GBX 465.60.
• Vistry shares opened at GBX 271, well below their 12-month high of GBX 746.40. Insiders recently purchased 53,429 shares, indicating some management confidence despite the stock’s decline.

Vistry Group (LON:VTY - Get Free Report)'s stock had its "hold" rating reiterated by equities researchers at Jefferies Financial Group in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 274 price objective on the stock. Jefferies Financial Group's target price indicates a potential upside of 1.11% from the company's current price.

A number of other equities research analysts also recently weighed in on VTY. Royal Bank Of Canada restated an "underperform" rating and issued a GBX 180 price target on shares of Vistry Group in a research note on Thursday, July 9th. JPMorgan Chase & Co. lowered their price objective on shares of Vistry Group from GBX 430 to GBX 210 and set an "underweight" rating for the company in a research report on Monday, June 15th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Vistry Group presently has an average rating of "Reduce" and a consensus target price of GBX 465.60.

Vistry Group Price Performance

Shares of VTY stock opened at GBX 271 on Wednesday. The business has a fifty day simple moving average of GBX 261.54 and a 200 day simple moving average of GBX 382.94. The company has a market cap of £860.67 million, a P/E ratio of 6.45, a P/E/G ratio of -0.20 and a beta of 1.85. The company has a quick ratio of 0.56, a current ratio of 2.52 and a debt-to-equity ratio of 17.93. Vistry Group has a twelve month low of GBX 220 and a twelve month high of GBX 746.40.

Insider Transactions at Vistry Group

In other news, insider Adam Daniels bought 38,372 shares of the company's stock in a transaction on Wednesday, July 15th. The stock was purchased at an average cost of GBX 261 per share, for a total transaction of £100,150.92. Also, insider Paul Whetsell purchased 15,000 shares of the business's stock in a transaction dated Tuesday, July 14th. The shares were purchased at an average cost of GBX 253 per share, for a total transaction of £37,950. In the last ninety days, insiders acquired 53,429 shares of company stock valued at $13,825,254. Insiders own 1.23% of the company's stock.

Vistry Group Company Profile

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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