Analysts Set Vistry Group PLC (LON:VTY) Target Price at GBX 595.83

Key Points

• Vistry Group PLC received an average rating of "Reduce" from six brokerages, with two analysts recommending a sell, three a hold, and one a buy.
• The company's stock price target varies, with Citigroup at GBX 601, UBS at GBX 450, and Berenberg at GBX 650, reflecting differing analyst sentiments.
• Insider Greg Fitzgerald purchased 84,068 shares at an average price of GBX 590, indicating potential confidence in the company's value amidst the analysts' ratings.

Shares of Vistry Group PLC (LON:VTY - Get Free Report) have earned a consensus rating of "Reduce" from the seven ratings firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 600.43.

A number of research firms have issued reports on VTY. Jefferies Financial Group reduced their target price on shares of Vistry Group from GBX 634 to GBX 628 and set a "hold" rating for the company in a research note on Friday. Citigroup reduced their price objective on shares of Vistry Group from GBX 602 to GBX 601 and set a "neutral" rating for the company in a research note on Thursday, September 11th. UBS Group restated a "sell" rating and issued a GBX 450 price objective on shares of Vistry Group in a research note on Friday, September 5th. Royal Bank Of Canada boosted their price objective on shares of Vistry Group from GBX 475 to GBX 500 and gave the stock an "underperform" rating in a research note on Wednesday, September 10th. Finally, Berenberg Bank reissued a "hold" rating and issued a GBX 650 price target on shares of Vistry Group in a report on Monday, September 8th.

Insiders Place Their Bets

In other news, insider Greg Fitzgerald purchased 84,068 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were purchased at an average cost of GBX 590 per share, for a total transaction of £496,001.20. Over the last ninety days, insiders have acquired 84,117 shares of company stock valued at $49,630,249. 10.61% of the stock is owned by corporate insiders.

Vistry Group Stock Up 1.0%

LON VTY traded up GBX 6 during trading on Thursday, reaching GBX 614. The company's stock had a trading volume of 1,114,073 shares, compared to its average volume of 2,817,367. The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. The stock has a market capitalization of £1.99 billion, a PE ratio of 2,816.51, a PEG ratio of -0.20 and a beta of 2.14. The business has a 50-day moving average price of GBX 612.64 and a 200-day moving average price of GBX 611.45. Vistry Group has a 1-year low of GBX 486.70 and a 1-year high of GBX 1,393.

Vistry Group (LON:VTY - Get Free Report) last posted its 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%. On average, research analysts forecast that Vistry Group will post 108.4606345 earnings per share for the current fiscal year.

Vistry Group announced that its Board of Directors has authorized a share repurchase plan on Monday, August 11th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Vistry Group Company Profile

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.