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flag Vistry Group reported strong quarterly earnings, boosting its stock, though some banks lowered their price targets.

flag Vistry Group, a major UK homebuilder, reported a quarterly earnings per share (EPS) of GBX 55.90 ($0.72) with a net margin of 6.90% and a return on equity of 7.69%. flag The company’s stock price increased to GBX 583.50 ($7.55) on Friday. flag Vistry Group operates in 13 business units and has a market capitalization of £1.91 billion. flag Several financial institutions have adjusted their ratings and price targets, with Berenberg Bank and JPMorgan Chase & Co. lowering their targets and Royal Bank of Canada raising theirs but maintaining an "underperform" rating.

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