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

Crest Nicholson Holdings plc (LON:CRST) has received a consensus rating of “Hold” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 108.86.

A number of research analysts have commented on the stock. Jefferies Financial Group reissued a “buy” rating and set a GBX 107 target price on shares of Crest Nicholson in a research report on Wednesday, August 12th. JPMorgan Chase & Co. lowered 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 report on Tuesday, June 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 95 price objective on shares of Crest Nicholson in a research note on Friday, July 17th.

Crest Nicholson Stock Performance

Shares of Crest Nicholson stock opened at GBX 67.80 on Friday. The firm has a market cap of £174.28 million, a P/E ratio of 8.07, a P/E/G ratio of 0.51 and a beta of 1.32. 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 has a 12 month low of GBX 59.60 and a 12 month high of GBX 176.20. The stock’s fifty day moving average price is GBX 68.10 and its 200-day moving average price is GBX 92.50.

Crest Nicholson (LON:CRST) last released its quarterly earnings data on Thursday, July 16th. The company reported GBX (10.10) earnings per share 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 research 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.