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

Crest Nicholson Holdings plc (LON:CRST) has been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is GBX 121.

A number of brokerages have issued reports on CRST. Stifel Nicolaus reissued a “hold” rating and set a GBX 125 price objective on shares of Crest Nicholson in a report on Tuesday, April 21st. Berenberg Bank cut their price objective on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft cut Crest Nicholson to a “hold” rating and cut their price objective for the company from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating and set a GBX 112 price objective on shares of Crest Nicholson in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada cut Crest Nicholson to an “outperform” rating and cut their price objective for the company from GBX 155 to GBX 95 in a report on Wednesday, April 22nd.

Insider Activity

In other Crest Nicholson news, insider Gillian Kent purchased 9,538 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The stock was acquired at an average cost of GBX 104 per share, with a total value of £9,919.52. Insiders bought 10,460 shares of company stock valued at $1,066,912 over the last three months. Insiders own 4.51% of the company’s stock.

Crest Nicholson Stock Down 2.2%

Shares of LON CRST opened at GBX 70.10 on Tuesday. The stock has a market cap of £179.97 million, a PE ratio of 77.89, a PEG ratio of 0.51 and a beta of 1.34. The business has a fifty day moving average of GBX 78.02 and a two-hundred day moving average of GBX 116.20. Crest Nicholson has a 52-week low of GBX 59.60 and a 52-week high of GBX 196.60. The company has a debt-to-equity ratio of 24.15, a quick ratio of 0.72 and a current ratio of 2.63.

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.