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Vistry Group ( (GB:VTY) ) has provided an update.
Vistry Group PLC has announced a transaction involving the repurchase of 48,250 of its Ordinary 50p Shares as part of its ongoing share buyback programme. The shares were purchased at prices ranging from 611.00 GBp to 623.60 GBp and will be cancelled, reducing the total number of shares in issue and adjusting the total voting rights to 323,895,058. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value.
The most recent analyst rating on (GB:VTY) stock is a Hold with a £652.00 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 influenced by its strong revenue growth and stable equity position. However, challenges with declining profit margins, increased leverage, and a high P/E ratio weigh down the score. Technical indicators suggest cautious sentiment, further impacting the overall assessment.
To see Spark’s full report on GB:VTY stock, click here.
More about Vistry Group
Average Trading Volume: 992,445
Technical Sentiment Signal: Sell
Current Market Cap: £1.97B
See more insights into VTY stock on TipRanks’ Stock Analysis page.