RBC Reaffirms Underperform Rating for Vistry Group with GBX 180 Target

Royal Bank Of Canada has reaffirmed its 'underperform' rating for Vistry Group (LON:VTY), despite several other brokerages weighing in on the UK homebuilder. The bank's analysts have a target price of GBX 180, which suggests a potential downside of 33.69% from the stock's current price.

JPMorgan Chase & Co. recently reduced its price target on VTY shares from GBX 430 to GBX 210 and set an 'underweight' rating on the stock. However, Jefferies Financial Group has reiterate a 'hold' rating with a price objective of GBX 274.

The consensus rating for Vistry Group among analysts is 'Reduce', based on data from MarketBeat.com. The company's market capitalization stands at £862.90 million, and its price-to-earnings ratio is 6.46.