Vistry Group PLC (LON:VTY) Given Average Rating of “Hold” by Analysts

Vistry Group PLC (LON:VTY) has been assigned an average rating of “Hold” from the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 629.25.

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

Vistry Group Trading Down 25.6%

LON:VTY opened at GBX 469.70 on Thursday. Vistry Group has a 52 week low of GBX 469.70 and a 52 week high of GBX 746.40. The firm has a 50-day moving average price of GBX 669.80 and a two-hundred day moving average price of GBX 646.38. The company has a debt-to-equity ratio of 26.00, a quick ratio of 0.56 and a current ratio of 2.77. The firm has a market cap of £1.50 billion, a price-to-earnings ratio of 41.94, a price-to-earnings-growth ratio of -0.20 and a beta of 1.69.

Vistry Group (LON:VTY) last released its earnings results on Wednesday, March 4th. The company reported GBX 59.30 earnings per share (EPS) for the quarter. Vistry Group had a negative return on equity of 0.31% and a negative net margin of 0.27%. On average, equities analysts expect that Vistry Group will post 108.4606345 earnings per share for the current fiscal year.

Vistry Group announced that its Board of Directors has initiated a stock buyback program on Monday, February 2nd that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership 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.