Crest Nicholson (LON:CRST) Price Target Cut to GBX 160 by Analysts at JPMorgan Chase & Co.

Crest Nicholson (LON:CRST) had its target price cut by JPMorgan Chase & Co. from GBX 190 to GBX 160 in a research report report published on Thursday morning, MarketBeat reports. They currently have a neutral rating on the stock.

A number of other research firms also recently weighed in on CRST. Peel Hunt reaffirmed an “add” rating and issued a GBX 190 target price on shares of Crest Nicholson in a research report on Tuesday, November 18th. Jefferies Financial Group reduced their price objective on shares of Crest Nicholson from GBX 254 to GBX 251 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Finally, Berenberg Bank lowered their target price on Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a research report on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Crest Nicholson has an average rating of “Moderate Buy” and a consensus price target of GBX 195.25.

Crest Nicholson Price Performance

Shares of CRST opened at GBX 137.10 on Thursday. The company has a quick ratio of 0.72, a current ratio of 3.27 and a debt-to-equity ratio of 12.94. Crest Nicholson has a twelve month low of GBX 125.71 and a twelve month high of GBX 198.50. The stock has a market capitalization of £351.46 million, a P/E ratio of -4.78, a P/E/G ratio of 0.51 and a beta of 2.00. The company has a 50 day moving average of GBX 158.50 and a 200-day moving average of GBX 169.98.

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.