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

Vistry Group (LON:VTY)‘s stock had its “underperform” rating reaffirmed by research analysts at Royal Bank Of Canada in a research report issued on Thursday,Digital Look reports. They currently have a GBX 180 price objective on the stock. Royal Bank Of Canada’s price target would indicate a potential downside of 25.73% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. dropped their price target on Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating for the company in a research report on Monday, June 15th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 251 price objective on shares of Vistry Group in a research report on Tuesday, June 16th. Finally, Bank of America lowered their price objective on shares of Vistry Group from GBX 490 to GBX 350 and set an “underperform” rating on the stock in a research note on Monday, March 30th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of GBX 463.30.

Vistry Group Stock Performance

LON VTY opened at GBX 242.36 on Thursday. The business has a 50 day moving average price of GBX 272.15 and a 200 day moving average price of GBX 445.98. The company has a market capitalization of £769.71 million, a P/E ratio of 5.77, a PEG ratio of -0.20 and a beta of 1.84. Vistry Group has a 1-year low of GBX 220 and a 1-year high of GBX 746.40. The company has a debt-to-equity ratio of 17.93, a current ratio of 2.52 and a quick ratio of 0.56.

Insider Buying and Selling

In related news, insider Rob Woodward acquired 18,319 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The stock was purchased at an average price of GBX 353 per share, for a total transaction of £64,666.07. In the last three months, insiders bought 18,418 shares of company stock worth $6,496,721. Company insiders own 1.21% 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.