Crest Nicholson (LON:CRST) Earns “Hold” Rating from Berenberg Bank

Crest Nicholson (LON:CRST)‘s stock had its “hold” rating reaffirmed by analysts at Berenberg Bank in a report released on Monday, Marketbeat Ratings reports. They presently have a GBX 195 target price on the stock. Berenberg Bank’s price objective would suggest a potential upside of 31.85% from the stock’s previous close.

Crest Nicholson Price Performance

Shares of Crest Nicholson stock opened at GBX 147.90 on Monday. The company has a quick ratio of 0.72, a current ratio of 3.27 and a debt-to-equity ratio of 12.94. The stock has a market capitalization of £379.14 million, a price-to-earnings ratio of -515.33, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. Crest Nicholson has a twelve month low of GBX 140.10 and a twelve month high of GBX 200.20. The company has a 50-day simple moving average of GBX 175.96 and a two-hundred day simple moving average of GBX 173.24.

Crest Nicholson (LON:CRST) last announced its earnings results on Thursday, June 12th. The company reported GBX 2.20 EPS for the quarter. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.47%. Analysts forecast that Crest Nicholson will post 9.0980939 EPS for the current 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.