Vistry Group (LON:VTY) Trading Up 1.7% – Should You Buy?

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

Wall Street Analyst Weigh In

VTY has been the subject of a number of research reports. JPMorgan Chase & Co. lowered their price target 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 cut their price target on shares of Vistry Group from GBX 750 ($9.30) to GBX 650 ($8.06) and set a “hold” rating on the stock in a report on Thursday, January 2nd.

Vistry Group Trading Down 3.6 %

The stock has a market capitalization of £1.94 billion, a PE ratio of 795.89, a PEG 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. The business’s 50-day moving average is GBX 600.25 and its two-hundred day moving average is 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.