tiprankstipranks
Trending News
More News >

Vistry Group Enhances Brokerage Team with New Appointment

Story Highlights
Vistry Group Enhances Brokerage Team with New Appointment

Confident Investing Starts Here:

Vistry Group ( (GB:VTY) ) has shared an update.

Vistry Group PLC has announced the appointment of Jefferies International Limited as a Joint Corporate Broker, joining its existing brokers, Deutsche Numis Securities Limited and Peel Hunt LLP. This strategic move is likely to enhance Vistry’s financial advisory capabilities, potentially impacting its market positioning and stakeholder relations positively.

The most recent analyst rating on (GB:VTY) stock is a Hold with a £1315.00 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 strong corporate actions, such as share buybacks and insider purchases, indicate confidence in its financial stability and future prospects. However, high valuation and declining profit margins present challenges. While technical indicators show potential for upward momentum, the stock trading below key averages suggests caution. The lack of a dividend yield adds to valuation concerns.

To see Spark’s full report on GB:VTY stock, click here.

More about Vistry Group

Average Trading Volume: 1,253,157

Technical Sentiment Signal: Sell

Current Market Cap: £1.9B

Learn more about VTY stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1