Vistry Group (LON:VTY) Upgraded at Stifel Nicolaus

Stifel Nicolaus upgraded shares of Vistry Group (LON:VTYFree Report) to a buy rating in a report issued on Thursday, Marketbeat Ratings reports. Stifel Nicolaus currently has GBX 610 price objective on the stock, down from their prior price objective of GBX 670.

Other equities research analysts have also recently issued reports about the company. JPMorgan Chase & Co. boosted their price target 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 upped their target price on Vistry Group from GBX 608 to GBX 659 and gave the company a “hold” rating in a research report on Monday, January 19th. The Goldman Sachs Group started coverage on Vistry Group in a report on Monday, November 24th. They set a “buy” rating and a GBX 731 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Vistry Group from GBX 684 to GBX 803 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Vistry Group has an average rating of “Hold” and a consensus target price of GBX 591.78.

Read Our Latest Analysis on VTY

Vistry Group Price Performance

Shares of Vistry Group stock opened at GBX 448.20 on Thursday. The company has a quick ratio of 0.56, a current ratio of 2.52 and a debt-to-equity ratio of 17.93. The stock has a market capitalization of £1.43 billion, a price-to-earnings ratio of 40.02, a price-to-earnings-growth ratio of -0.20 and a beta of 1.65. Vistry Group has a twelve month low of GBX 440.20 and a twelve month high of GBX 746.40. The company has a 50-day simple moving average of GBX 663.10 and a two-hundred day simple moving average of GBX 643.87.

Vistry Group (LON:VTYGet Free Report) last announced its earnings results on Wednesday, March 4th. The company reported GBX 59.30 earnings per share (EPS) for the quarter. Vistry Group had a net margin of 3.82% and a return on equity of 4.20%. Analysts forecast 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 permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other Vistry Group news, insider Paul Whetsell bought 6,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was purchased at an average cost of GBX 474 per share, for a total transaction of £28,440. Insiders have purchased 6,068 shares of company stock worth $2,888,769 in the last three months. 9.98% of the stock is owned by insiders.

Vistry Group News Summary

Here are the key news stories impacting Vistry Group this week:

About Vistry Group

(Get Free Report)

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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