Insider Buying: Crest Nicholson (LON:CRST) Insider Acquires £198.90 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark bought 130 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was purchased at an average cost of GBX 153 per share, with a total value of £198.90.

Martyn Clark also recently made the following trade(s):

• On Monday, January 12th, Martyn Clark bought 106 shares of Crest Nicholson stock. The stock was purchased at an average cost of GBX 142 per share, for a total transaction of £150.52.
• On Wednesday, December 10th, Martyn Clark acquired 113 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 132 per share, for a total transaction of £149.16.

Crest Nicholson Trading Down 0.6%

CRST traded down GBX 0.90 on Tuesday, hitting GBX 150.60. The company had a trading volume of 502,014 shares, compared to its average volume of 2,391,804. The business’s fifty day simple moving average is GBX 139.85 and its 200 day simple moving average is GBX 154.85. Crest Nicholson Holdings plc has a 12-month low of GBX 125.71 and a 12-month high of GBX 198.50. The company has a market cap of £386.51 million, a PE ratio of 167.33, a PEG ratio of 0.51 and a beta of 2.00. 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 results on Thursday, January 29th. The company reported GBX 7.80 earnings per share for the quarter. Crest Nicholson had a negative return on equity of 3.47% and a negative net margin of 4.21%. Equities research analysts expect that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CRST shares. Royal Bank Of Canada upped their target price on Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Jefferies Financial Group restated a “buy” rating and set a GBX 230 price objective on shares of Crest Nicholson in a research report on Thursday, February 5th. Berenberg Bank dropped their target price 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. JPMorgan Chase & Co. reduced their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 190 price objective on shares of Crest Nicholson in a report on Tuesday, November 18th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 195.

About Crest Nicholson

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.