Crest Nicholson Holdings plc (LON:CRST – Get Rating) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 353 ($4.17).
Several analysts have weighed in on CRST shares. Berenberg Bank cut Crest Nicholson to a “hold” rating and lowered their price target for the company from GBX 410 ($4.85) to GBX 250 ($2.96) in a report on Monday, September 12th. JPMorgan Chase & Co. cut Crest Nicholson to an “underweight” rating in a report on Wednesday, September 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 235 ($2.78) price target on shares of Crest Nicholson in a report on Friday, November 18th.
Insider Buying and Selling
In related news, insider Iain Ferguson purchased 20,000 shares of Crest Nicholson stock in a transaction that occurred on Tuesday, October 4th. The shares were acquired at an average cost of GBX 199 ($2.35) per share, for a total transaction of £39,800 ($47,061.61). In other Crest Nicholson news, insider Iain Ferguson acquired 20,000 shares of the business’s stock in a transaction dated Tuesday, October 4th. The shares were purchased at an average cost of GBX 199 ($2.35) per share, for a total transaction of £39,800 ($47,061.61). Also, insider Peter Truscott purchased 85,000 shares of the company’s stock in a transaction that occurred on Monday, September 12th. The shares were purchased at an average price of GBX 228 ($2.70) per share, for a total transaction of £193,800 ($229,159.28). Insiders have purchased a total of 115,750 shares of company stock worth $25,338,000 in the last ninety days.
Crest Nicholson Stock Down 1.4 %
About Crest Nicholson
Crest Nicholson Holdings plc builds residential homes in the United Kingdom. The company develops and sells apartments, houses, and commercial properties. It serves first-time buyers, families, and investors. The company was founded in 1963 and is headquartered in Chertsey, the United Kingdom.
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