Jefferies Financial Group Reiterates Hold Rating for Vistry Group (LON:VTY)

Vistry Group (LON:VTY)‘s stock had its “hold” rating restated by research analysts at Jefferies Financial Group in a note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 274 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 1.11% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the company. Royal Bank Of Canada reissued an “underperform” rating and issued a GBX 180 price target on shares of Vistry Group in a research note on Thursday, July 9th. JPMorgan Chase & Co. cut their price objective 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, four have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vistry Group has a consensus rating of “Reduce” and an average price target of GBX 465.60.

Vistry Group Stock Up 5.4%

Shares of LON:VTY opened at GBX 271 on Wednesday. The firm has a market cap of £860.67 million, a P/E ratio of 6.45, a P/E/G ratio of -0.20 and a beta of 1.85. Vistry Group has a 12-month low of GBX 220 and a 12-month high of GBX 746.40. The business has a fifty day simple moving average of GBX 261.54 and a 200 day simple moving average of GBX 382.94. 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 other news, insider Paul Whetsell bought 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 14th. The shares were acquired at an average price of GBX 253 per share, for a total transaction of £37,950. Also, insider Adam Daniels purchased 38,372 shares of the business’s stock in a transaction on Wednesday, July 15th. The shares were purchased at an average cost of GBX 261 per share, for a total transaction of £100,150.92. Over the last quarter, insiders have bought 53,429 shares of company stock valued at $13,825,254. 1.23% of the stock is currently owned by corporate insiders.

Vistry Group Company Profile

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.