Vistry Group (LON:VTY) Cut to Hold at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft cut shares of Vistry Group (LON:VTYFree Report) to a hold rating in a research note issued to investors on Thursday, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has GBX 600 price target on the stock, down from their previous price target of GBX 803.

Several other equities research analysts have also recently weighed in on the company. The Goldman Sachs Group assumed coverage on Vistry Group in a report on Monday, November 24th. They set a “buy” rating and a GBX 731 target price for the company. Royal Bank Of Canada lowered their price objective on Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a research report on Thursday. Jefferies Financial Group increased their price objective on Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research note on Monday, January 19th. Stifel Nicolaus upgraded shares of Vistry Group to a “buy” rating and cut their target price for the stock from GBX 670 to GBX 610 in a report on Thursday. Finally, JPMorgan Chase & Co. upped their price target on shares of Vistry Group from GBX 570 to GBX 640 and gave the company a “neutral” rating in a report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 591.78.

Read Our Latest Analysis on VTY

Vistry Group Stock Performance

Vistry Group stock opened at GBX 448.20 on Thursday. The firm has a fifty day simple moving average of GBX 663.10 and a two-hundred day simple moving average of GBX 643.87. 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 440.20 and a twelve month high of GBX 746.40. The company has a market capitalization of £1.43 billion, a PE ratio of 40.02, a P/E/G ratio of -0.20 and a beta of 1.65.

Vistry Group (LON:VTYGet Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The company reported GBX 59.30 earnings per share (EPS) for the quarter. Vistry Group had a return on equity of 4.20% and a net margin of 3.82%. Research analysts expect that Vistry Group will post 108.4606345 EPS for the current year.

Vistry Group declared that its Board of Directors has initiated a share repurchase plan on Monday, February 2nd that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other Vistry Group news, insider Paul Whetsell purchased 6,000 shares of the stock in a transaction on Wednesday, March 4th. The stock was acquired at an average price of GBX 474 per share, with a total value of £28,440. Over the last three months, insiders purchased 6,068 shares of company stock worth $2,888,769. Corporate insiders own 9.98% of the company’s stock.

More Vistry Group News

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About Vistry Group

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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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Analyst Recommendations for Vistry Group (LON:VTY)

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