Crest Nicholson (LON:CRST) Given Buy Rating at Jefferies Financial Group

Crest Nicholson (LON:CRST)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a report released on Thursday, Marketbeat.com reports. They presently have a GBX 230 price target on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 42.82% from the stock’s previous close.

Several other brokerages have also recently weighed in on CRST. JPMorgan Chase & Co. lowered their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating on the stock in a research report on Thursday, December 4th. Royal Bank Of Canada boosted their target price on shares of Crest Nicholson from GBX 205 to GBX 215 and gave the company an “outperform” rating in a report on Monday. Peel Hunt restated an “add” rating and set a GBX 190 price target on shares of Crest Nicholson in a report on Tuesday, November 18th. Finally, Berenberg Bank reduced their price target on shares of Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a research report on Tuesday, November 18th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Crest Nicholson currently has a consensus rating of “Moderate Buy” and an average price target of GBX 195.

Crest Nicholson Price Performance

CRST traded up GBX 4.74 during trading on Thursday, reaching GBX 161.04. The company’s stock had a trading volume of 735,741 shares, compared to its average volume of 2,179,448. The company has a market cap of £413.30 million, a price-to-earnings ratio of 178.93, a PEG ratio of 0.51 and a beta of 2.00. The firm has a fifty day simple moving average of GBX 138.88 and a two-hundred day simple moving average of GBX 155.72. Crest Nicholson has a 1 year low of GBX 125.71 and a 1 year high of GBX 198.50. The company has a quick ratio of 0.72, a current ratio of 3.27 and a debt-to-equity ratio of 12.94.

Crest Nicholson (LON:CRST) last announced its quarterly earnings data on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a negative return on equity of 3.47% and a negative net margin of 4.21%. As a group, analysts anticipate that Crest Nicholson will post 9.0980939 EPS for the current year.

Crest Nicholson Company Profile

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.