Vistry Group (LON:VTY) Stock Price Up 1.7% – What’s Next?

Vistry Group PLC (LON:VTY)’s stock price was up 1.7% during mid-day trading on Thursday . The stock traded as high as GBX 621 ($7.70) and last traded at GBX 603 ($7.48). Approximately 2,786,096 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 3,617,417 shares. The stock had previously closed at GBX 593 ($7.36).

Wall Street Analyst Weigh In

A number of analysts recently commented on VTY shares. JPMorgan Chase & Co. dropped their price objective on Vistry Group from GBX 830 ($10.30) to GBX 690 ($8.56) and set a “neutral” rating for the company in a research report on Thursday, December 5th. Berenberg Bank lowered their price target on shares of Vistry Group from GBX 750 ($9.30) to GBX 650 ($8.06) and set a “hold” rating for the company in a report on Thursday, January 2nd.

Vistry Group Stock Down 3.6 %

The firm has a market cap of £1.94 billion, a price-to-earnings ratio of 795.89, a PEG ratio of -0.20 and a beta of 2.14. The company has a quick ratio of 0.56, a current ratio of 2.64 and a debt-to-equity ratio of 22.15. The firm has a fifty day moving average price of GBX 600.25 and a 200-day moving average price of GBX 947.63.

About Vistry Group

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.