Vistry Group PLC (LON:VTY) Given Consensus Recommendation of “Reduce” by Brokerages

Shares of Vistry Group PLC (LON:VTY) have received a consensus rating of “Reduce” from the seven research firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has 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 600.43.

A number of research firms have weighed in on VTY. Royal Bank Of Canada raised their price target on Vistry Group from GBX 475 to GBX 500 and gave the company an “underperform” rating in a research note on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 684 price objective on shares of Vistry Group in a report on Friday, July 11th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Vistry Group in a report on Thursday, July 17th. Citigroup cut their price target on shares of Vistry Group from GBX 602 to GBX 601 and set a “neutral” rating for the company in a research note on Thursday, September 11th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 650 price objective on shares of Vistry Group in a research note on Monday, September 8th.

Vistry Group Trading Down 0.3%

LON:VTY opened at GBX 630.80 on Friday. The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56. The business’s 50-day simple moving average is GBX 634.05 and its 200-day simple moving average is GBX 626.24. Vistry Group has a fifty-two week low of GBX 486.70 and a fifty-two week high of GBX 911.50. The stock has a market capitalization of £2.03 billion, a PE ratio of 56.32, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14.

Vistry Group (LON:VTY) last announced its earnings results on Wednesday, September 10th. The company reported GBX 17.60 EPS for the quarter. Vistry Group had a net margin of 6.90% and a return on equity of 7.69%. Sell-side analysts expect that Vistry Group will post 108.4606345 earnings per share for the current fiscal year.

Vistry Group declared that its board has approved a share repurchase program on Monday, August 11th that allows the company to buyback 0 shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board 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.