Crest Nicholson (LON:CRST) Price Target Raised to GBX 215 at Royal Bank Of Canada

Crest Nicholson (LON:CRST) had its price objective boosted by Royal Bank Of Canada from GBX 205 to GBX 215 in a research note issued to investors on Monday morning, Marketbeat Ratings reports. Royal Bank Of Canada currently has an outperform rating on the stock.

A number of other research analysts have also recently weighed in on CRST. Berenberg Bank reduced their target price on Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a report on Tuesday, November 18th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of Crest Nicholson in a research note on Monday, January 19th. Peel Hunt reiterated an “add” rating and set a GBX 190 target price on shares of Crest Nicholson in a report on Tuesday, November 18th. Finally, JPMorgan Chase & Co. cut their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 195.

Crest Nicholson Stock Performance

Shares of CRST stock opened at GBX 155.60 on Monday. Crest Nicholson has a one year low of GBX 125.71 and a one year high of GBX 198.50. The company has a debt-to-equity ratio of 12.94, a quick ratio of 0.72 and a current ratio of 3.27. The company has a 50 day moving average price of GBX 138.01 and a 200 day moving average price of GBX 155.90. The firm has a market capitalization of £398.89 million, a price-to-earnings ratio of -5.42, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST) last announced its quarterly earnings results on Thursday, January 29th. The company reported GBX 7.80 earnings per share for the quarter. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.47%. Sell-side analysts anticipate 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.