Vistry Group (LON:VTY) Stock Price Expected to Rise, Royal Bank of Canada Analyst Says

Vistry Group (LON:VTY) had its price target increased by research analysts at Royal Bank of Canada from GBX 475 ($6.15) to GBX 500 ($6.47) in a research note issued to investors on Friday,Digital Look reports. The firm currently has an “underperform” rating on the stock. Royal Bank of Canada’s price target indicates a potential downside of 14.97% from the stock’s current price.

Other research analysts also recently issued reports about the company. Berenberg Bank decreased their price target on Vistry Group from GBX 750 ($9.71) to GBX 650 ($8.42) and set a “hold” rating for the company in a report on Thursday, January 2nd. JPMorgan Chase & Co. decreased their target price on shares of Vistry Group from GBX 830 ($10.75) to GBX 690 ($8.93) and set a “neutral” rating for the company in a research note on Thursday, December 5th.

Vistry Group Stock Performance

VTY opened at GBX 588 ($7.61) on Friday. The firm has a 50 day moving average of GBX 607.56 and a two-hundred day moving average of GBX 769.59. The firm has a market capitalization of £1.92 billion, a PE ratio of 7.81, a P/E/G ratio of -0.20 and a beta of 2.14. The company has a current ratio of 2.64, a quick ratio of 0.56 and a debt-to-equity ratio of 22.15. Vistry Group has a 12-month low of GBX 511 ($6.62) and a 12-month high of GBX 1,436 ($18.59).

Vistry Group (LON:VTY) last posted its earnings results on Wednesday, March 26th. The company reported GBX 55.90 ($0.72) earnings per share (EPS) for the quarter. Vistry Group had a net margin of 6.90% and a return on equity of 7.69%. On average, analysts anticipate that Vistry Group will post 108.4606345 EPS for the current year.

Vistry Group Company Profile

Vistry Group is one of the UK’s leading homebuilders with a top tier housebuilder and leading Partnerships business. Our purpose is to develop sustainable new homes and communities across all sectors of the housing market through our leading brands, Bovis Homes, Linden Homes, Vistry Partnerships and Drew Smith.

Our housebuilding division operates across 13 business units, each with a regional office, which are developing hundreds of sites across England.