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Vistry Group ( (GB:VTY) ) has shared an announcement.
Vistry Group PLC has executed a share buyback program, purchasing 47,000 of its ordinary shares at prices ranging from 629.00 GBp to 638.00 GBp, with a volume-weighted average price of 634.69 GBp. The repurchased shares will be canceled, reducing the total number of voting rights to 323,022,341, which may impact shareholder calculations and notifications under regulatory guidelines.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £636.00 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 influenced by its financial performance, which shows strong revenue growth but challenges in profitability and leverage management. Technical analysis suggests a neutral market position with some bearish momentum. Valuation is a significant concern due to a negative P/E ratio and lack of dividend yield, reflecting potential profitability issues.
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 and sale of residential properties. The company is known for its comprehensive range of housing solutions, catering to various market segments, including affordable housing and private residential developments.
Average Trading Volume: 968,555
Technical Sentiment Signal: Sell
Current Market Cap: £2.05B
See more insights into VTY stock on TipRanks’ Stock Analysis page.