Added to YB: 2024-11-12
Pitch date: 2024-11-12
VTY.L [bullish]
Vistry Group PLC
-13.61%
current return
Author Info
No bio for this author
Company Info
Vistry Group PLC, together with its subsidiaries, provides housing solutions in the United Kingdom. It offers single family housing model.
Market Cap
GBP 2.0B
Pitch Price
GBP 7.13
Price Target
19.00 (+208%)
Dividend
N/A
EV/EBITDA
7.88
P/E
57.55
EV/Sales
0.66
Sector
Household Durables
Category
turnaround
Vistry’s Intrinsic Value Revised Down to 1900p, Still Offers 152% Upside
VTY.L: UK homebuilder facing £165M charge in South Region, profit guidance lowered. Management credibility hit, but problem contained. Auditors confirm issue limited to 9 legacy projects. Bullish macro tailwinds: potential Labour gov't housing boom, falling interest rates. 152% upside to 1900p target despite setbacks.
Read full article (3 min)