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Vistry Group ( (GB:VTY) ) just unveiled an update.
Vistry Group PLC has announced a transaction involving the purchase of 46,500 of its own ordinary shares as part of its ongoing share buyback program. The shares were bought at prices ranging from 634.00 GBp to 653.00 GBp, with a volume-weighted average price of 648.04 GBp. Following this transaction, the total number of voting rights in the company will be 322,291,062. This move is part of Vistry’s strategy to manage its share capital and potentially enhance shareholder value.
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
Average Trading Volume: 926,636
Technical Sentiment Signal: Sell
Current Market Cap: £2.06B
Learn more about VTY stock on TipRanks’ Stock Analysis page.