Stifel downgraded Vistry Group (BVHMF) to Hold from Buy with a price target of 340 GBp, down from 580 GBp. Vistry warned that first half profits would be down on the margin hit from accelerating open market sales, but the firm thinks profit could be worse than flat in the second half as end markets worsen and its cut its FY26 EPS estimate by 20% and FY27 by 15%, the analyst tells investors.
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