Crest Nicholson (LON:CRST) Insider Martyn Clark Buys 221 Shares

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark acquired 221 shares of Crest Nicholson stock in a transaction dated Wednesday, June 10th. The shares were purchased at an average price of GBX 68 per share, for a total transaction of £150.28.

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

• On Monday, May 11th, Martyn Clark purchased 206 shares of Crest Nicholson stock. The stock was acquired at an average price of GBX 73 per share, with a total value of £150.38.
• On Friday, April 10th, Martyn Clark purchased 137 shares of Crest Nicholson stock. The stock was bought at an average cost of GBX 109 per share, with a total value of £149.33.

Crest Nicholson Stock Down 1.5%

CRST stock traded down GBX 1.10 during trading on Wednesday, hitting GBX 70.90. 5,394,413 shares of the stock traded hands, compared to its average volume of 5,145,795. The stock has a market cap of £182.03 million, a price-to-earnings ratio of 78.78, a price-to-earnings-growth ratio of 0.51 and a beta of 1.34. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.72. Crest Nicholson Holdings plc has a 1 year low of GBX 59.60 and a 1 year high of GBX 197.60. The firm’s 50 day moving average is GBX 80.40 and its two-hundred day moving average is GBX 117.95.

Wall Street Analysts Forecast Growth

CRST has been the topic of several analyst reports. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 125 price objective on shares of Crest Nicholson in a research report on Tuesday, April 21st. Berenberg Bank lowered their price target on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Royal Bank Of Canada lowered Crest Nicholson to an “outperform” rating and decreased their target price for the stock from GBX 155 to GBX 95 in a research 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, Deutsche Bank Aktiengesellschaft downgraded shares of Crest Nicholson to a “hold” rating and lowered their target price for the stock from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Crest Nicholson currently has an average rating of “Hold” and a consensus target price of GBX 121.

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.