Vistry Group PLC (LON:VTY) Receives Consensus Recommendation of “Hold” from Analysts

Vistry Group PLC (LON:VTY) has been assigned an average rating of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 629.25.

A number of research analysts have commented on the stock. The Goldman Sachs Group started coverage on shares of Vistry Group in a research report on Monday, November 24th. They set a “buy” rating and a GBX 731 price target on the stock. JPMorgan Chase & Co. lifted their target price on shares of Vistry Group from GBX 570 to GBX 640 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Jefferies Financial Group upped their price target on shares of Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research report on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Vistry Group from GBX 684 to GBX 803 and gave the company a “buy” rating in a research note on Wednesday, January 14th.

Vistry Group Price Performance

VTY stock opened at GBX 666.60 on Friday. The firm has a 50 day moving average of GBX 648.01 and a 200-day moving average of GBX 636.07. The firm has a market capitalization of £2.13 billion, a P/E ratio of 59.52, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. Vistry Group has a 12 month low of GBX 486.70 and a 12 month high of GBX 723.03. The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15.

Vistry Group announced that its board has authorized a share buyback program on Monday, October 20th that permits the company to buyback 0 shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

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.