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An announcement from Vistry Group ( (GB:VTY) ) is now available.
Vistry Group PLC has executed a share buyback transaction, purchasing 47,500 of its ordinary shares at prices ranging from 626.20 GBp to 635.60 GBp, with an average price of 630.77 GBp. This move is part of its ongoing share buyback programme, which impacts the total voting rights and share distribution, potentially influencing shareholder value and market perception.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £1426.00 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 driven by strong corporate actions, including a significant share buyback program and insider buying, which indicate confidence in future prospects. However, challenges with profit margins and high valuation metrics weigh on the score. Technical indicators suggest caution due to mixed signals.
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 of residential properties across the UK. The company is known for its comprehensive range of housing solutions, catering to various market segments, including affordable housing and private developments.
Average Trading Volume: 1,072,603
Technical Sentiment Signal: Sell
Current Market Cap: £2.02B
Learn more about VTY stock on TipRanks’ Stock Analysis page.