Vistry Group (LON:VTY) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of Vistry Group (LON:VTY) in a report issued on Monday, Marketbeat reports. The firm issued a buy rating and a GBX 731 target price on the stock.

Several other brokerages also recently weighed in on VTY. Citigroup decreased their target price on Vistry Group from GBX 602 to GBX 601 and set a “neutral” rating for the company in a research report on Thursday, September 11th. Berenberg Bank reissued a “hold” rating and set a GBX 650 price target on shares of Vistry Group in a research report on Monday, September 8th. Royal Bank Of Canada increased their price objective on shares of Vistry Group from GBX 475 to GBX 500 and gave the company an “underperform” rating in a research report on Wednesday, September 10th. UBS Group reissued a “sell” rating and set a GBX 450 target price on shares of Vistry Group in a research report on Friday, September 5th. Finally, Jefferies Financial Group decreased their target price on shares of Vistry Group from GBX 628 to GBX 608 and set a “hold” rating for the company in a research note on Monday, November 10th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Vistry Group presently has a consensus rating of “Hold” and an average target price of GBX 614.25.

Vistry Group Price Performance

VTY opened at GBX 647.25 on Monday. Vistry Group has a 52-week low of GBX 486.70 and a 52-week high of GBX 722.40. The company has a 50 day moving average of GBX 640.26 and a two-hundred day moving average of GBX 626.34. The company has a market cap of £2.08 billion, a P/E ratio of 57.79, a P/E/G ratio of -0.20 and a beta of 2.14. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15.

Vistry Group (LON:VTY) last issued 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%. On average, analysts expect that Vistry Group will post 108.4606345 earnings per share for the current year.

Vistry Group declared that its board has approved a stock buyback plan on Monday, August 11th that allows the company to buyback 0 shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans 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.