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

Shares of Vistry Group PLC (LON:VTY) have received an average rating of “Hold” from the eight ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 614.25.

VTY has been the topic of several research reports. Jefferies Financial Group dropped their price target on Vistry Group from GBX 628 to GBX 608 and set a “hold” rating on the stock in a research report on Monday, November 10th. Royal Bank Of Canada increased their target price on shares of Vistry Group from GBX 475 to GBX 500 and gave the stock an “underperform” rating in a report on Wednesday, September 10th. Citigroup decreased their price target on shares of Vistry Group from GBX 602 to GBX 601 and set a “neutral” rating for the company in a report on Thursday, September 11th. The Goldman Sachs Group began coverage on shares of Vistry Group in a research report on Monday. They set a “buy” rating and a GBX 731 price objective for the company. Finally, UBS Group reissued a “sell” rating and issued a GBX 450 target price on shares of Vistry Group in a report on Friday, September 5th.

Vistry Group Stock Performance

Shares of Vistry Group stock opened at GBX 619 on Tuesday. 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 has a 1 year low of GBX 486.70 and a 1 year high of GBX 722.40. The firm’s 50-day simple moving average is GBX 639.38 and its 200-day simple moving average is GBX 625.90. The firm has a market cap of £1.99 billion, a PE ratio of 55.27, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.

Vistry Group (LON:VTY) last posted its quarterly earnings results on Wednesday, September 10th. The company reported GBX 17.60 EPS for the quarter. Vistry Group had a return on equity of 7.69% and a net margin of 6.90%. Equities analysts forecast 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 repurchase program on Monday, August 11th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Vistry Group Company Profile

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.