Vistry Group PLC (LON:VTY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Vistry Group PLC (LON:VTY) have been assigned a consensus recommendation of “Hold” from the eight analysts that are covering the company, MarketBeat.com reports. Two 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 twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 608.

A number of research analysts have recently weighed in on the stock. Jefferies Financial Group cut their price target on shares of Vistry Group from GBX 628 to GBX 608 and set a “hold” rating on the stock in a report on Monday, November 10th. Berenberg Bank reissued a “hold” rating and set a GBX 650 target price on shares of Vistry Group in a research report on Monday, September 8th. UBS Group restated a “sell” rating and set a GBX 450 target price on shares of Vistry Group in a report on Friday, September 5th. JPMorgan Chase & Co. upped their price target on Vistry Group from GBX 570 to GBX 640 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Finally, Royal Bank Of Canada increased their price objective on Vistry Group from GBX 475 to GBX 500 and gave the company an “underperform” rating in a report on Wednesday, September 10th.

Vistry Group Price Performance

LON VTY opened at GBX 626.83 on Friday. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The stock has a market capitalization of £2.01 billion, a PE ratio of 55.97, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The company has a 50 day moving average price of GBX 640.37 and a two-hundred day moving average price of GBX 628.89. Vistry Group has a 12-month low of GBX 486.70 and a 12-month high of GBX 722.40.

Vistry Group announced that its Board of Directors has initiated a share repurchase program on Thursday, September 25th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

About Vistry Group

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England. The design and construction of our housing ranges blend tradition and innovation, creating homes and developments with contemporary living standards.

Following the acquisition of Countryside Partnerships, Vistry’s Partnerships division is a market leader in the high-growth partnerships business.