Insider Buying: Crest Nicholson (LON:CRST) Insider Purchases £149.41 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd acquired 223 shares of the firm’s stock in a transaction dated Tuesday, November 10th. The stock was bought at an average price of GBX 67 per share, with a total value of £149.41.

William Floydd also recently made the following trade(s):

• On Monday, October 12th, William Floydd acquired 254 shares of Crest Nicholson stock. The shares were bought at an average cost of GBX 59 per share, with a total value of £149.86.
• On Thursday, September 10th, William Floydd bought 255 shares of Crest Nicholson stock. The shares were purchased at an average price of GBX 59 per share, for a total transaction of £150.45.

Crest Nicholson Stock Down 0.9%

Shares of CRST stock traded down GBX 0.60 during trading hours on Tuesday, reaching GBX 64.70. 4,560,486 shares of the stock were exchanged, compared to its average volume of 4,330,200. The business’s fifty day moving average is GBX 61.03 and its two-hundred day moving average is GBX 85.52. The firm has a market capitalization of £166.14 million, a P/E ratio of 7.70, a P/E/G ratio of 0.51 and a beta of 1.30. Crest Nicholson Holdings plc has a 12-month low of GBX 53 and a 12-month high of GBX 173. The company has a debt-to-equity ratio of 35.57, a current ratio of 2.24 and a quick ratio of 0.71.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CRST shares. Berenberg Bank reduced their price objective on shares of Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating on the stock in a report on Friday, September 4th. Royal Bank Of Canada downgraded shares of Crest Nicholson to an “outperform” rating and set a GBX 95 target price for the company. in a research note on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft dropped their target price on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating on the stock in a report on Tuesday, September 8th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 80 price target on shares of Crest Nicholson in a research note on Wednesday, October 21st. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of GBX 99.

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.