Vistry Group PLC (LON:VTY) Receives Average Rating of “Hold” from Analysts

Shares of Vistry Group PLC (LON:VTY) have earned a consensus recommendation of “Hold” from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 608.

A number of equities analysts have recently weighed in on VTY shares. JPMorgan Chase & Co. increased their price target on Vistry Group from GBX 570 to GBX 640 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Jefferies Financial Group dropped their price target on shares of Vistry Group from GBX 628 to GBX 608 and set a “hold” rating for the company in a research report on Monday, November 10th. Finally, The Goldman Sachs Group started coverage on shares of Vistry Group in a research note on Monday, November 24th. They issued a “buy” rating and a GBX 731 price target on the stock.

Vistry Group Stock Down 2.6%

VTY stock opened at GBX 683.07 on Wednesday. Vistry Group has a one year low of GBX 486.70 and a one year high of GBX 722.60. The firm has a market cap of £2.18 billion, a PE ratio of 60.99, a PEG ratio of -0.20 and a beta of 2.14. The firm’s 50 day moving average price is GBX 638.86 and its 200-day moving average price is GBX 630.87. The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64.

Vistry Group announced that its Board of Directors has initiated a share repurchase plan on Thursday, September 25th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication 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.