Shares of Vistry Group PLC (LON:VTY – Get Rating) received a consensus “moderate buy” recommendation from the eight brokerages that cover the stock, Marketbeat.com reports. Two investment analysts rated the stock with a hold recommendation and six gave the company a buy recommendation. The 1-year average price target among brokerages that have issued ratings on the stock in the past year is 1,293.63 GBX ($15.63).
Several equity research analysts have weighed in on the company recently. UBS Group restated a “buy” rating and set a GBX 772 ($9.33) price target on Vistry Group shares in a Friday, September 2 research report. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a price target of 1,100 GBX ($13.29) on shares of Vistry Group in a Thursday, July 21 research report. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a target price of 1,207 GBX ($14.58) on Vistry Group shares in a Thursday, May 19 report. Finally, Liberum Capital reissued a “buy” rating and published a target price of 1,400 GBX ($16.92) on Vistry Group shares in a Wednesday, May 25 report.
The Vistry group grew by 2.4%
LON VTY opened at GBX 820.50 ($9.91) on Friday. The company has a quick ratio of 0.63, a current ratio of 2.63 and a debt ratio of 8.25. Vistry Group has a 12-month low of 716 GBX ($8.65) and a 12-month high of 1,278.50 GBX ($15.45). The company has a market capitalization of £1.79 billion and a PE ratio of 719.74. The stock’s 50-day moving average is 855.01 GBX and its 200-day moving average is 886.42 GBX.
The Vistry group reduces its dividend
The company also recently declared a dividend, which will be paid on Friday, November 18. Shareholders of record on Thursday, October 6 will receive a dividend of 23 GBX ($0.28). This represents a dividend yield of 2.87%. The ex-date of this dividend is Thursday, October 6. Vistry Group’s dividend payout ratio is currently 35.09%.
Insider Trading at Vistry Group
In other Vistry Group news, insider Earl Sibley bought 6,172 shares of the company in a trade dated Thursday, September 8. The stock was purchased at an average price of 804 GBX ($9.71) per share, for a total transaction of £49,622.88 ($59,959.98).
About Vistry Group
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Vistry Group PLC, together with its subsidiaries, operates as a homebuilder in the United Kingdom. The company offers family homes from one bedroom to five bedrooms. As of December 31, 2021, it had 42,770 plots of controlled land reserve and 40,000 plots of strategic land reserve. The company was previously known as Bovis Homes Group PLC and changed its name to Vistry Group PLC in January 2020.
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