Crest Nicholson (LON:CRST) Stock: Insider Martyn Clark Acquires 254 Shares

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark bought 254 shares of Crest Nicholson stock in a transaction on Monday, October 12th. The shares were bought at an average cost of GBX 59 per share, with a total value of £149.86.

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

• On Thursday, September 10th, Martyn Clark purchased 255 shares of Crest Nicholson stock. The shares were bought at an average price of GBX 59 per share, for a total transaction of £150.45.
• On Monday, August 10th, Martyn Clark purchased 231 shares of Crest Nicholson stock. The stock was purchased at an average cost of GBX 65 per share, for a total transaction of £150.15.

Crest Nicholson Price Performance

Crest Nicholson stock traded up GBX 1.10 during midday trading on Monday, reaching GBX 60. 1,181,715 shares of the stock were exchanged, compared to its average volume of 4,494,430. Crest Nicholson Holdings plc has a 52 week low of GBX 53 and a 52 week high of GBX 176.20. The company has a debt-to-equity ratio of 35.57, a quick ratio of 0.71 and a current ratio of 2.24. The firm has a market cap of £154.06 million, a PE ratio of 7.14, a PEG ratio of 0.51 and a beta of 1.32. The company’s fifty day moving average is GBX 62.16 and its 200-day moving average is GBX 71.55.

Crest Nicholson (LON:CRST) last announced its quarterly earnings results 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, sell-side analysts forecast that Crest Nicholson Holdings plc will post 9.10 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Royal Bank Of Canada lowered Crest Nicholson to an “outperform” rating and set a GBX 95 target price on the stock. in a research note on Thursday, September 3rd. Berenberg Bank decreased their price objective on shares of Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating on the stock in a research report on Friday, September 4th. Jefferies Financial Group lowered their target price on shares of Crest Nicholson from GBX 107 to GBX 80 and set a “buy” rating on the stock in a research note on Monday, September 28th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating for the company in a research report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. cut their price target on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a research note on Tuesday, June 16th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 99.

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.