Crest Nicholson Holdings plc (LON:CRST) Receives Consensus Recommendation of “Hold” from Analysts

Crest Nicholson Holdings plc (LON:CRST) has received a consensus rating of “Hold” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 109.57.

A number of research analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 112 price target on shares of Crest Nicholson in a research note on Tuesday, May 5th. Royal Bank Of Canada cut Crest Nicholson to an “outperform” rating and reduced their price objective for the stock from GBX 155 to GBX 95 in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft downgraded Crest Nicholson to a “hold” rating and decreased their target price for the company from GBX 228 to GBX 79 in a research report on Wednesday, April 22nd. Berenberg Bank dropped their price target on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. reduced their price target on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a research note on Tuesday, June 16th.

Crest Nicholson Price Performance

LON:CRST opened at GBX 71.60 on Friday. The company has a market cap of £183.82 million, a P/E ratio of 79.56, a P/E/G ratio of 0.51 and a beta of 1.33. The firm’s fifty day moving average price is GBX 69.97 and its two-hundred day moving average price is GBX 110.19. Crest Nicholson has a one year low of GBX 59.60 and a one year high of GBX 192.10. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.71.

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.