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

Shares of Crest Nicholson Holdings plc (LON:CRST) have earned a consensus recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 121.

Several equities research analysts have weighed in on the company. Jefferies Financial Group restated a “buy” rating and set a GBX 112 target price 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 cut their target price for the stock from GBX 155 to GBX 95 in a research note on Wednesday, April 22nd. Stifel Nicolaus restated a “hold” rating and set a GBX 125 target price on shares of Crest Nicholson in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft cut Crest Nicholson to a “hold” rating and cut their target price for the stock from GBX 228 to GBX 79 in a research note on Wednesday, April 22nd. Finally, Berenberg Bank cut their target price on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a research note on Wednesday, April 22nd.

Insiders Place Their Bets

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

Crest Nicholson Trading Down 1.4%

Shares of CRST stock opened at GBX 71.79 on Tuesday. The stock has a 50 day simple moving average of GBX 78.61 and a 200 day simple moving average of GBX 116.80. The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15. Crest Nicholson has a 1 year low of GBX 59.60 and a 1 year high of GBX 196.60. The stock has a market cap of £184.30 million, a P/E ratio of 79.76, a price-to-earnings-growth ratio of 0.51 and a beta of 1.34.

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.