JPMorgan Chase & Co. Issues Pessimistic Forecast for Vistry Group (LON:VTY) Stock Price

Vistry Group (LON:VTY) had its target price decreased by JPMorgan Chase & Co. from GBX 830 ($10.55) to GBX 690 ($8.77) in a report issued on Thursday,Digital Look reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 2.99% from the company’s previous close.

Vistry Group Stock Up 1.7 %

Shares of LON:VTY opened at GBX 670 ($8.51) on Thursday. Vistry Group has a 52 week low of GBX 610.50 ($7.76) and a 52 week high of GBX 1,436 ($18.25). The company has a debt-to-equity ratio of 22.15, a quick ratio of 0.56 and a current ratio of 2.64. The company has a market cap of £2.23 billion, a PE ratio of 916.97, a price-to-earnings-growth ratio of -0.20 and a beta of 2.14. The firm has a 50 day simple moving average of GBX 920.54 and a 200 day simple moving average of GBX 1,160.64.

Insider Activity

In related news, insider Greg Fitzgerald acquired 20,498 shares of the business’s stock in a transaction dated Tuesday, October 8th. The stock was acquired at an average price of GBX 966 ($12.27) per share, with a total value of £198,010.68 ($251,601.88). Also, insider Usman Nabi bought 500,000 shares of the stock in a transaction that occurred on Friday, November 8th. The stock was acquired at an average cost of GBX 737 ($9.36) per share, for a total transaction of £3,685,000 ($4,682,337.99). In the last 90 days, insiders have acquired 1,324,520 shares of company stock worth $1,136,892,094. 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.