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The latest announcement is out from Vistry Group ( (GB:VTY) ).
Vistry Group PLC announced a reduction in its capital, now consisting of 322,439,674 Ordinary 50p shares, following the cancellation of 1,005,058 shares as part of a share buyback program. This adjustment affects the total voting rights, now at 321,749,604, which shareholders can use to determine notification requirements under FCA 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 industry, focusing on residential development and housebuilding. The company is known for its commitment to delivering quality homes and has a significant presence in the UK housing market.
Average Trading Volume: 913,774
Technical Sentiment Signal: Sell
Current Market Cap: £2.13B
For detailed information about VTY stock, go to TipRanks’ Stock Analysis page.