Vistry Group (LON:VTY) Price Target Cut to GBX 650 by Analysts at Berenberg Bank

Vistry Group (LON:VTY) had its price target trimmed by Berenberg Bank from GBX 750 ($9.28) to GBX 650 ($8.05) in a research note published on Thursday, Marketbeat reports. The firm currently has a hold rating on the stock.

Separately, JPMorgan Chase & Co. decreased their price objective on shares of Vistry Group from GBX 830 ($10.27) to GBX 690 ($8.54) and set a “neutral” rating on the stock in a research report on Thursday, December 5th.

Vistry Group Stock Performance

LON VTY traded down GBX 10 ($0.12) on Thursday, hitting GBX 555 ($6.87). 1,014,933 shares of the company’s stock were exchanged, compared to its average volume of 1,011,912. The firm has a market cap of £1.85 billion, a price-to-earnings ratio of 760.27, a P/E/G ratio of -0.20 and a beta of 2.14. The firm’s 50-day moving average price is GBX 702.27 and its two-hundred day moving average price is GBX 1,068.65. Vistry Group has a fifty-two week low of GBX 523 ($6.47) and a fifty-two week high of GBX 1,436 ($17.77). The company has a debt-to-equity ratio of 22.15, a current ratio of 2.64 and a quick ratio of 0.56.

Insider Buying and Selling at Vistry Group

In related news, insider Greg Fitzgerald purchased 20,498 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The stock was acquired at an average price of GBX 966 ($11.96) per share, for a total transaction of £198,010.68 ($245,093.06). Also, insider Helen Owers acquired 4,000 shares of the firm’s stock in a transaction on Monday, October 14th. The shares were bought at an average cost of GBX 944 ($11.68) per share, with a total value of £37,760 ($46,738.46). Insiders bought 1,324,543 shares of company stock valued at $1,136,907,044 over the last 90 days. 0.64% of the stock is owned by corporate insiders.

Vistry Group Company Profile

Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers o single family housing model. The company was formerly known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020. Vistry Group PLC was founded in 1885 and is headquartered in West Malling, the United Kingdom.