Vistry Group PLC (LON:VTY) Receives Consensus Recommendation of “Buy” from Brokerages

Vistry Group PLC (LON:VTY – Get Rating) has earned a consensus recommendation of “Buy” from the eight brokerages that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 1,395.88 ($17.21).

VTY has been the subject of several analyst reports. Barclays reissued an “overweight” rating and set a GBX 1,470 ($18.12) price target on shares of Vistry Group in a research report on Friday, January 28th. JPMorgan Chase & Co. decreased their price target on Vistry Group from GBX 1,200 ($14.79) to GBX 1,100 ($13.56) and set a “neutral” rating for the company in a research note on Friday, March 25th. Liberum Capital reaffirmed a “buy” rating and set a GBX 1,480 ($18.25) price objective on shares of Vistry Group in a research report on Monday, March 14th. Deutsche Bank Aktiengesellschaft decreased their target price on Vistry Group from GBX 1,218 ($15.02) to GBX 1,207 ($14.88) and set a “hold” rating for the company in a research report on Sunday, May 8th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,560 ($19.23) price target on shares of Vistry Group in a report on Monday, January 31st.

In other Vistry Group news, insider Ashley Steel acquired 1,081 shares of the company’s stock in a transaction that occurred on Friday, April 8th. The shares were bought at an average price of GBX 919 ($11.33) per share, with a total value of £9,934.39 ($12,248.05).

Vistry Group stock traded up GBX 18 ($0.22) during trading hours on Friday, hitting GBX 799.50 ($9.86). The stock had a trading volume of 287,832 shares, compared to its average volume of 501,028. The stock’s 50-day moving average price is GBX 914.72 and its 200-day moving average price is GBX 1,034.13. The stock has a market capitalization of £1.78 billion and a P/E ratio of 7.01. Vistry Group has a 12-month low of GBX 749.50 ($9.24) and a 12-month high of GBX 1,351 ($16.66). The company has a quick ratio of 0.65, a current ratio of 2.63 and a debt-to-equity ratio of 8.25.

The company also recently announced a dividend, which will be paid on Tuesday, May 24th. Shareholders of record on Thursday, April 7th will be given a GBX 40 ($0.49) dividend. This represents a yield of 4.23%. This is a boost from Vistry Group’s previous dividend of $20.00. The ex-dividend date is Thursday, April 7th. Vistry Group’s dividend payout ratio (DPR) is presently 0.35%.

Vistry Group Company Profile (Get Rating)

Vistry Group PLC, together with its subsidiaries, operates as a builder of homes in the United Kingdom. The company offers two-bed to four and five-bed family homes. It owns a land bank of 40,218 plots. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020.

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