Vistry Group PLC -17.2% potential downside indicated by Berenberg Bank

Vistry Group PLC with ticker (LON:VTY) now has a potential downside of -17.2% according to Berenberg Bank.



Berenberg Bank set a target price of 1,030 GBX for the company, which when compared to the Vistry Group PLC share price of 1,244 GBX at opening today (22/03/2024) indicates a potential downside of -17.2%. Trading has ranged between 622 (52 week low) and 1,253 (52 week high) with an average of 1,379,303 shares exchanging hands daily. The market capitalisation at the time of writing is £4,244,874,046.

Vistry Group PLC is a United Kingdom-based company that develops new homes and communities across all sectors of the United Kingdom housing market. The Company’s segments include Housebuilding, Partnerships and Countryside. The Housebuilding segment develops sites across England, providing private and affordable housing on land owned by the Group or the Group’s joint ventures. The Partnerships segment specializes in partnering with housing associations and other public sector businesses across England, including London, to deliver either the development of private, affordable, and private rental sector (PRS) housing on land owned by the Group or the Group’s joint ventures, or to provide contracting services for development. The Countryside segment partners with housing associations and other public sector businesses across England, including London, to deliver the development of private, affordable, and PRS housing on land owned by the Group or the Group’s joint ventures or associates.