Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Vistry Group ( (GB:VTY) ) has issued an update.
Vistry Group PLC has executed a share buyback program, purchasing 47,000 of its ordinary shares at prices ranging from 622.00 GBp to 637.00 GBp. The repurchased shares will be canceled, reducing the total number of shares in circulation and potentially increasing the value of remaining shares, which may impact shareholder voting rights and market positioning.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £649.00 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 strong revenue growth and stable equity position, despite challenges in profitability and leverage. Technical indicators show positive momentum, but valuation metrics are unattractive 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 is a company operating in the construction and housebuilding industry, focusing on the development of residential properties.
Average Trading Volume: 936,416
Technical Sentiment Signal: Sell
Current Market Cap: £2.04B
For an in-depth examination of VTY stock, go to TipRanks’ Overview page.