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Deutsche Bank has downgraded Vistry Group PLC (LSE:VTY), the FTSE 250 housebuilder, from 'buy' to 'hold' and cut its target price by 25% to 600p following the announced retirement of chairman and chief executive Greg Fitzgerald. Analyst Chris Millington said full-year 2025 results were in line with Deutsche Bank's forecasts, but that Fitzgerald's planned departure was the most significant element of the company's…

Vistry Group PLC (BVHMY) Q4 2025 Earnings Call Transcript

Vistry Group PLC shares tumbled 16% on Wednesday, leading the housebuilding sector lower, as it signalled it will prioritise sales growth and cash generation over margins in the early part of this year. The company's full-year results for 2025 were broadly in line with expectations, with adjusted profit before tax rising 2% to £268.8 million despite a 9% drop in completions.

Vistry Group PLC said its executive chairman Greg Fitzgerald would step down over the next year as the housebuilder reported annual results broadly in line with expectations and signalled a renewed focus on cash generation. Fitzgerald will retire as chair at the company's annual meeting in May and will leave the chief executive role by March 2027, the group said alongside its results for calendar 2025.

Vistry Group PLC (LSE:VTY) is positioned to benefit from recent Government measures that improve funding visibility for Affordable Housing, that's according to stockbroker Panmure Liberum. The broker, in a note, highlighted 'new clarity' from the UK's Ministry of Housing, Communities and Local Government on rent-setting.