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

Crest Nicholson Holdings plc (LON:CRST) has been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 102.86.

A number of brokerages have weighed in on CRST. Royal Bank Of Canada downgraded Crest Nicholson to an “outperform” rating and set a GBX 95 target price on the stock. in a report on Thursday, September 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 107 target price on shares of Crest Nicholson in a research note on Friday, September 4th. Berenberg Bank decreased their target price on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a research report on Friday, September 4th. JPMorgan Chase & Co. lowered their target price on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating on the stock in a research note on Tuesday, September 8th.

Crest Nicholson Stock Performance

Crest Nicholson stock opened at GBX 56.40 on Thursday. 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 firm has a 50-day moving average of GBX 63.43 and a 200-day moving average of GBX 77.42. The company has a market cap of £144.81 million, a price-to-earnings ratio of 6.71, a P/E/G ratio of 0.51 and a beta of 1.32. Crest Nicholson has a one year low of GBX 53 and a one year high of GBX 176.20.

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

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.