Crest Nicholson (LON:CRST) Insider Purchases £150.15 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark acquired 231 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average cost of GBX 65 per share, with a total value of £150.15.

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

• On Friday, July 10th, Martyn Clark acquired 228 shares of Crest Nicholson stock. The stock was bought at an average price of GBX 66 per share, with a total value of £150.48.
• On Wednesday, June 10th, Martyn Clark bought 221 shares of Crest Nicholson stock. The stock was bought at an average cost of GBX 68 per share, for a total transaction of £150.28.

Crest Nicholson Trading Up 1.2%

LON:CRST opened at GBX 67 on Thursday. The company has a current ratio of 2.24, a quick ratio of 0.71 and a debt-to-equity ratio of 35.57. Crest Nicholson Holdings plc has a 1-year low of GBX 59.60 and a 1-year high of GBX 182.90. The firm has a market capitalization of £172.22 million, a price-to-earnings ratio of 7.98, a PEG ratio of 0.51 and a beta of 1.33. The business’s 50-day moving average price is GBX 68.11 and its two-hundred day moving average price is GBX 95.67.

Crest Nicholson (LON:CRST) last posted its earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share (EPS) for the quarter. Crest Nicholson had a negative return on equity of 4.32% and a negative net margin of 5.44%. On average, equities analysts expect that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on CRST shares. Stifel Nicolaus restated a “hold” rating and set a GBX 125 price objective on shares of Crest Nicholson in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft lowered shares of Crest Nicholson to a “hold” rating and cut their target price for the stock from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Berenberg Bank reduced their price target on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating and set a GBX 107 price target on shares of Crest Nicholson in a research report on Wednesday. Finally, JPMorgan Chase & Co. decreased their price target on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a report on Tuesday, June 16th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 108.86.

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.