Vistry Group PLC (LON:VTY) Stock Has Average Target Price of GBX 422.14 According to Analysts

Vistry Group PLC (LON:VTY) has been assigned a consensus recommendation of “Reduce” from the eight brokerages that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 400.88.

Several equities research analysts have weighed in on VTY shares. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 274 price objective on shares of Vistry Group in a report on Friday. JPMorgan Chase & Co. decreased their target price on Vistry Group from GBX 430 to GBX 210 and set an “underweight” rating for the company in a report on Monday, June 15th. Royal Bank Of Canada reaffirmed an “underperform” rating and issued a GBX 180 price target on shares of Vistry Group in a research note on Friday, September 18th. Finally, Berenberg Bank cut their price target on shares of Vistry Group from GBX 263 to GBX 252 and set a “hold” rating on the stock in a report on Monday.

Insider Activity

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

Key Stories Impacting Vistry Group

Here are the key news stories impacting Vistry Group this week:

• Positive Sentiment: Jefferies reaffirmed its “hold” rating and set a GBX 274 price target, modestly above the recent trading level. This suggests the broker sees some potential recovery, although not enough to justify a bullish recommendation.
• Neutral Sentiment: Vistry is closing offices, reducing its building targets and reorganising operations as part of an overhaul. The moves could lower costs and conserve cash over time, but they also indicate a smaller business and weaker expected activity. Vistry shuts offices and cuts building targets in overhaul
• Negative Sentiment: Vistry reported a first-half loss of approximately £661 million, compared with a profit previously, and posted quarterly earnings per share of GBX (18.80). The results reflect significant pressure on profitability and asset values. Vistry Group Turns To H1 Loss; Cuts Annual Profit Outlook
• Negative Sentiment: The company cut its annual profit outlook and announced a major business rethink, increasing uncertainty around earnings, construction volumes and future shareholder returns. The shares remain substantially below their 12-month high, underscoring the loss of investor confidence. Vistry Group Unveils Business Overhaul Amid First-half Loss; Shares Plunge

Vistry Group Stock Performance

Shares of LON:VTY opened at GBX 285.10 on Monday. The company has a market cap of £906.22 million, a price-to-earnings ratio of 6.79, a price-to-earnings-growth ratio of -0.20 and a beta of 1.86. The company has a 50-day moving average price of GBX 277.13 and a 200-day moving average price of GBX 293.40. The company has a current ratio of 2.36, a quick ratio of 0.56 and a debt-to-equity ratio of 30.07. Vistry Group has a 12 month low of GBX 220 and a 12 month high of GBX 746.40.

Vistry Group (LON:VTY) last posted its earnings results on Thursday, September 24th. The company reported GBX (18.80) earnings per share for the quarter. Vistry Group had a negative return on equity of 16.57% and a negative net margin of 14.73%. As a group, equities analysts anticipate that Vistry Group will post 108.4606345 EPS for the current year.

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.