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Vistry Group ( (GB:VTY) ) just unveiled an update.
Vistry Group PLC announced the purchase of 44,500 of its Ordinary 50p Shares as part of its ongoing share buyback programme. The transaction, executed through Peel Hunt LLP, is part of the company’s strategy to optimize its capital structure and enhance shareholder value. Following the cancellation of these shares, the total number of voting rights in the company will be adjusted, impacting stakeholders’ calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £672.00 price target. To see the full list of analyst forecasts on Vistry Group stock, see the GB:VTY Stock Forecast page.
Spark’s Take on GB:VTY Stock
According to Spark, TipRanks’ AI Analyst, GB:VTY is a Neutral.
Vistry Group’s overall stock score is primarily driven by its strong revenue growth and positive cash flow generation. However, challenges with declining profit margins and increased leverage weigh on the financial performance score. The technical analysis shows moderate momentum, while the valuation score is low due to a negative P/E ratio and lack of dividend yield.
To see Spark’s full report on GB:VTY stock, click here.
More about Vistry Group
Vistry Group PLC operates in the construction and housebuilding industry, focusing on the development of residential properties across the United Kingdom.
Average Trading Volume: 925,171
Technical Sentiment Signal: Hold
Current Market Cap: £2.24B
Find detailed analytics on VTY stock on TipRanks’ Stock Analysis page.