Liberum Capital Reaffirms “Buy” Rating for Vistry Group (LON:VTY)

Vistry Group (LON:VTY – Get Rating)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a note issued to investors on Wednesday, Marketbeat.com reports. They presently have a GBX 1,400 ($17.62) price target on the stock. Liberum Capital’s price target suggests a potential upside of 67.87% from the company’s current price.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. decreased their price objective on shares of Vistry Group from GBX 1,200 ($15.10) to GBX 1,100 ($13.84) and set a “neutral” rating for the company in a report on Friday, March 25th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,560 ($19.63) price objective on shares of Vistry Group in a report on Monday, January 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,207 ($15.19) price objective on shares of Vistry Group in a report on Thursday, May 19th. Finally, Barclays reaffirmed an “overweight” rating and set a GBX 1,470 ($18.50) price objective on shares of Vistry Group in a report on Friday, January 28th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Vistry Group presently has a consensus rating of “Buy” and an average price target of GBX 1,368.14 ($17.22).

Shares of VTY opened at GBX 834 ($10.49) on Wednesday. The company’s fifty day moving average is GBX 892.37 and its 200-day moving average is GBX 1,017.96. Vistry Group has a 12 month low of GBX 749.50 ($9.43) and a 12 month high of GBX 1,351 ($17.00). The firm has a market cap of £1.85 billion and a price-to-earnings ratio of 7.31. The company has a quick ratio of 0.63, a current ratio of 2.63 and a debt-to-equity ratio of 8.25.

In related news, insider Ashley Steel purchased 1,081 shares of the business’s stock in a transaction dated Friday, April 8th. The shares were bought at an average price of GBX 919 ($11.56) per share, with a total value of £9,934.39 ($12,500.81).

Vistry Group Company Profile (Get Rating)

Vistry Group PLC, together with its subsidiaries, operates as a builder of homes in the United Kingdom. The company offers two-bed to four and five-bed family homes. It owns a land bank of 40,218 plots. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020.

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