Vistry Group PLC (LSE:VTY) has had a miserable three months with a trio of profit warnings knocking two-thirds off its market value.
Moreover, analysts are not certain all the bad news is out yet. UBS cut its target to 495p earlier this week along with a 'sell' rating adding the risks remain 'elevated'.
Management has cut profit guidance to £250 million, a 40% reduction from pre-October, and at the very least will need to reiterate that to stop another rout.
UBS though has worries over the balance sheet, outlook and how a profit recovery might be engineered.
Shares Friday were 533p up 1%.