Vistry Group’s (VTY) “Underperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada restated their underperform rating on shares of Vistry Group (LON:VTY) in a research note released on Friday morning, MarketBeat.com reports. They currently have a GBX 180 target price on the stock.

A number of other brokerages have also weighed in on VTY. Jefferies Financial Group reiterated a “hold” rating and set a GBX 274 target price on shares of Vistry Group in a research note on Wednesday, August 12th. JPMorgan Chase & Co. dropped their price target on Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating on the stock in a research note on Monday, June 15th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of GBX 422.14.

Vistry Group Price Performance

Shares of Vistry Group stock opened at GBX 263.40 on Friday. The company has a market cap of £837.24 million, a price-to-earnings ratio of 6.27, a price-to-earnings-growth ratio of -0.20 and a beta of 1.86. The company’s 50 day moving average is GBX 277.45 and its 200 day moving average is GBX 301.36. Vistry Group has a twelve month low of GBX 220 and a twelve month high of GBX 746.40. The company has a quick ratio of 0.56, a current ratio of 2.52 and a debt-to-equity ratio of 17.93.

Insider Buying and Selling at Vistry Group

In related news, insider Adam Daniels purchased 38,372 shares of Vistry Group stock in a transaction on Wednesday, July 15th. The stock was acquired at an average price of GBX 261 per share, for a total transaction of £100,150.92. Also, insider Paul Whetsell acquired 15,000 shares of the firm’s stock in a transaction dated Tuesday, July 14th. The stock was bought at an average cost of GBX 253 per share, for a total transaction of £37,950. Corporate insiders own 1.23% of the company’s stock.

About Vistry Group

Vistry Group is a leading homebuilder developing in partnership to deliver sustainable homes, communities, and social value, leaving a lasting legacy of places where people love to live.

Operating across 25 regions, we build homes for those who need them right across the UK. Our partners include Registered Providers, Local Authorities, Homes England and Private Rented Sector providers.

Our timber manufacturing capability, Vistry Works, is at the core of our strategy to deliver more quality homes, faster.

We sell homes on the open market through three respected brands: Bovis Homes, Linden Homes, and Countryside Homes.