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An update from Vistry Group ( (GB:VTY) ) is now available.
Vistry Group PLC has executed a share buyback transaction as part of its ongoing programme, purchasing 82,000 of its Ordinary 50p Shares through Peel Hunt LLP. The shares, acquired at prices ranging from 594.60 GBp to 600.00 GBp, will be cancelled, reducing the total number of shares in issue and affecting the company’s voting rights structure. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
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
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 commitment to building high-quality homes and has a significant presence in the housing market.
Average Trading Volume: 944,955
Technical Sentiment Signal: Sell
Current Market Cap: £1.9B
Find detailed analytics on VTY stock on TipRanks’ Stock Analysis page.