Vistry Group (LON:VTY) Stock Rating Reaffirmed by Barclays

Vistry Group (LON:VTY – Get Rating)‘s stock had its “underweight” rating reaffirmed by analysts at Barclays in a report released on Friday, MarketBeat.com reports. They currently have a GBX 740 ($9.27) price target on the stock. Barclays‘s price target indicates a potential downside of 10.47% from the company’s current price.

Other research analysts have also recently issued research reports about the company. Berenberg Bank lifted their price objective on Vistry Group from GBX 760 ($9.52) to GBX 871 ($10.91) and gave the company a “hold” rating in a research note on Thursday, May 11th. Liberum Capital reissued a “top pick” rating and issued a GBX 950 ($11.90) target price on shares of Vistry Group in a report on Monday, February 13th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 987 ($12.36) target price on shares of Vistry Group in a report on Thursday, March 23rd. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 600 ($7.52) target price on shares of Vistry Group in a report on Friday, March 24th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 804.29 ($10.07).

Vistry Group Stock Down 2.9 %

Shares of LON:VTY opened at GBX 826.50 ($10.35) on Friday. The stock has a fifty day simple moving average of GBX 776.86 and a two-hundred day simple moving average of GBX 724.18. The stock has a market capitalization of £2.86 billion, a price-to-earnings ratio of 961.05, a PEG ratio of -0.20 and a beta of 2.14. Vistry Group has a 12-month low of GBX 502 ($6.29) and a 12-month high of GBX 947.50 ($11.87). The company has a current ratio of 2.53, a quick ratio of 0.56 and a debt-to-equity ratio of 19.85.

Insider Activity at Vistry Group

In other news, insider Jeffrey W. Ubben acquired 800,000 shares of Vistry Group stock in a transaction that occurred on Thursday, March 23rd. The stock was bought at an average price of GBX 750 ($9.39) per share, for a total transaction of £6,000,000 ($7,515,971.44). 2.37% of the stock is owned by company insiders.

Vistry Group Company Profile

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Vistry Group PLC, together with its subsidiaries, operates as a housebuilder in the United Kingdom. The company offers one-bedroom to five-bedroom family homes. As of December 31, 2021, it had 42,770 controlled land bank plots and 40,000 strategic land bank plots. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020.