Crest Nicholson (LON:CRST) Stock Rating Reaffirmed as “Buy” by Jefferies Financial Group

Crest Nicholson (LON:CRST)‘s stock had its “buy” rating reaffirmed by stock analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 80 target price on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 24.22% from the stock’s current price.

CRST has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft cut their price target on shares of Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating on the stock in a research note on Tuesday, September 8th. Royal Bank Of Canada downgraded shares of Crest Nicholson to an “outperform” rating and set a GBX 95 price objective for the company. in a research note on Thursday, September 3rd. Finally, Berenberg Bank lowered their price objective on shares of Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a research note on Friday, September 4th. 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 company currently has a consensus rating of “Hold” and an average target price of GBX 99.

Crest Nicholson Stock Performance

CRST stock traded up GBX 2.10 during trading on Wednesday, reaching GBX 64.40. The company had a trading volume of 1,038,110 shares, compared to its average volume of 4,368,219. The firm has a 50-day simple moving average of GBX 61.70 and a 200-day simple moving average of GBX 69.46. The company has a market cap of £165.36 million, a price-to-earnings ratio of 7.67, a price-to-earnings-growth ratio of 0.51 and a beta of 1.32. The company has a debt-to-equity ratio of 35.57, a quick ratio of 0.71 and a current ratio of 2.24. Crest Nicholson has a twelve month low of GBX 53 and a twelve month high of GBX 176.20.

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.