Vistry Group (LON:VTY) Given Hold Rating at Jefferies Financial Group

Vistry Group (LON:VTY)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Financial Group in a report released on Wednesday,Digital Look reports. They currently have a GBX 511 target price on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 71.13% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Bank of America decreased their target price on Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating for the company in a research note on Monday, March 30th. Deutsche Bank Aktiengesellschaft downgraded Vistry Group to a “hold” rating and lowered their price objective for the stock from GBX 803 to GBX 600 in a research note on Thursday, March 5th. Stifel Nicolaus upgraded Vistry Group to a “buy” rating and cut their target price for the company from GBX 670 to GBX 610 in a research note on Thursday, March 5th. JPMorgan Chase & Co. reduced their price target on shares of Vistry Group from GBX 640 to GBX 530 and set a “neutral” rating for the company in a report on Tuesday, March 10th. Finally, Royal Bank Of Canada lowered their price target on shares of Vistry Group from GBX 475 to GBX 385 and set a “buy” rating for the company in a research report on Thursday, March 5th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 541.80.

Vistry Group Price Performance

Shares of LON VTY opened at GBX 298.60 on Wednesday. The company has a current ratio of 2.52, a quick ratio of 0.56 and a debt-to-equity ratio of 17.93. The company has a market capitalization of £948.95 million, a price-to-earnings ratio of 7.11, a price-to-earnings-growth ratio of -0.20 and a beta of 1.88. Vistry Group has a twelve month low of GBX 283.80 and a twelve month high of GBX 746.40. The business has a 50 day simple moving average of GBX 370.39 and a 200-day simple moving average of GBX 556.12.

Vistry Group (LON:VTY) last announced its quarterly earnings data on Wednesday, March 4th. The company reported GBX 59.30 earnings per share (EPS) for the quarter. Vistry Group had a return on equity of 4.20% and a net margin of 3.82%. As a group, equities research analysts expect that Vistry Group will post 108.4606345 earnings per share for the current year.

Vistry Group announced that its Board of Directors has authorized a share buyback plan on Monday, February 2nd that allows the company to repurchase 0 shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Vistry Group

In related news, insider Rob Woodward purchased 18,319 shares of the company’s stock in a transaction on Monday, April 20th. The shares were bought at an average price of GBX 353 per share, with a total value of £64,666.07. Also, insider Paul Whetsell acquired 6,000 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were bought at an average price of GBX 474 per share, with a total value of £28,440. Over the last 90 days, insiders purchased 24,420 shares of company stock worth $9,356,052. 9.99% of the stock is currently owned by company 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.