TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Vistry Group ( (GB:VTY) ) just unveiled an update.
Vistry Group PLC has announced the purchase of 48,000 of its own Ordinary 50p Shares as part of its ongoing share buyback programme. The shares were acquired at prices ranging from 606.80 GBp to 632.80 GBp and will be cancelled, reducing the total number of shares in issue and affecting the total voting rights available. This move is part of Vistry’s strategic financial management, potentially impacting shareholder value and market perception.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £608.00 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: 1,043,378
Technical Sentiment Signal: Sell
Current Market Cap: £1.91B
For detailed information about VTY stock, go to TipRanks’ Stock Analysis page.