Crest Nicholson Holdings plc (LON:CRST) Stock Now Rated “Hold” by Sell-Side Analysts

Crest Nicholson Holdings plc (LON:CRST) has been assigned an average recommendation of “Hold” from the seven analysts that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 99.

A number of equities analysts recently commented on CRST shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating on the stock in a research report on Tuesday, September 8th. Jefferies Financial Group reissued a “buy” rating and set a GBX 80 price objective on shares of Crest Nicholson in a research note on Wednesday, October 21st. Berenberg Bank dropped their target price on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a report on Friday, September 4th. Finally, Royal Bank Of Canada downgraded Crest Nicholson to an “outperform” rating and set a GBX 95 target price for the company. in a research note on Thursday, September 3rd.

Crest Nicholson Price Performance

CRST stock opened at GBX 64.60 on Friday. The company has a debt-to-equity ratio of 35.57, a current ratio of 2.24 and a quick ratio of 0.71. The business has a 50 day simple moving average of GBX 61.02 and a 200-day simple moving average of GBX 86.21. The firm has a market capitalization of £165.88 million, a PE ratio of 7.69, a price-to-earnings-growth ratio of 0.51 and a beta of 1.30. Crest Nicholson has a 1 year low of GBX 53 and a 1 year high of GBX 173.

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.