M&G (LON:VTY) Given Buy Rating at Peel Hunt

Peel Hunt restated their buy rating on shares of M&G (LON:VTY) in a research note released on Tuesday morning, ThisIsMoney.Co.Uk reports.

A number of other research analysts have also recently issued reports on VTY. Canaccord Genuity raised their price target on shares of M&G from GBX 1,260 ($16.57) to GBX 1,420 ($18.68) and gave the stock a buy rating in a report on Tuesday, January 7th. UBS Group reaffirmed a neutral rating on shares of M&G in a report on Thursday, January 16th. Finally, Peel Hunt reaffirmed a buy rating and issued a GBX 1,520 ($19.99) price target on shares of M&G in a report on Wednesday, January 15th.

LON VTY opened at GBX 1,374 ($18.07) on Tuesday. The firm has a market capitalization of $2.99 billion and a price-to-earnings ratio of 13.05. M&G has a 12-month low of GBX 1,279 ($16.82) and a 12-month high of GBX 1,301 ($17.11). The company has a debt-to-equity ratio of 2.08, a current ratio of 3.91 and a quick ratio of 0.52.

M&G Company Profile

Vistry Group PLC, together with its subsidiaries, operates as a builder of homes in the United Kingdom. The company offers two-bed to five-bed family homes. As of December 31, 2018, it had a consented land bank of 17,328 plots. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020.

Further Reading: Understanding debt-to-equity ratio in fundamental analysis

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