Jefferies Financial Group Reaffirms “Hold” Rating for Vistry Group (LON:VTY)

Vistry Group (LON:VTY)‘s stock had its “hold” rating reaffirmed by equities researchers at Jefferies Financial Group in a research note issued to investors on Thursday, Digital Look reports. They presently have a GBX 272 price objective on the stock. Jefferies Financial Group‘s target price suggests a potential upside of 3.03% from the stock’s previous close.

Several other research firms have also recently issued reports on VTY. Berenberg Bank lowered their price objective on Vistry Group from GBX 263 to GBX 252 and set a “hold” rating on the stock in a research report on Monday, September 28th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a GBX 180 target price on shares of Vistry Group in a report on Friday, September 18th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of GBX 400.62.

Vistry Group Stock Performance

Shares of Vistry Group stock opened at GBX 264.01 on Thursday. Vistry Group has a 12 month low of GBX 216 and a 12 month high of GBX 746.40. The company has a current ratio of 2.36, a quick ratio of 0.56 and a debt-to-equity ratio of 30.07. The business has a fifty day simple moving average of GBX 259.27 and a two-hundred day simple moving average of GBX 347.64. The firm has a market capitalization of £839.20 million, a P/E ratio of -1.67, a P/E/G ratio of -0.20 and a beta of 1.91.

Vistry Group (LON:VTY) last announced its earnings results on Thursday, September 24th. The company reported GBX (18.80) earnings per share for the quarter. Vistry Group had a negative net margin of 14.73% and a negative return on equity of 16.57%. On average, equities analysts forecast that Vistry Group will post 108.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Alice Woodwark acquired 8,305 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were acquired at an average cost of GBX 241 per share, for a total transaction of £20,015.05. 1.23% of the stock is owned by 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.