Crest Nicholson (LON:CRST) Earns Buy Rating from Jefferies Financial Group

Crest Nicholson (LON:CRST)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research note issued on Thursday, Marketbeat reports. They currently have a GBX 230 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 42.82% from the stock’s current price.

CRST has been the subject of several other research reports. Peel Hunt reissued an “add” rating and issued a GBX 190 price objective on shares of Crest Nicholson in a research note on Tuesday, November 18th. Berenberg Bank dropped their price target on Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating for the company in a research note on Tuesday, November 18th. Royal Bank Of Canada raised their price objective on Crest Nicholson from GBX 205 to GBX 215 and gave the company an “outperform” rating in a report on Monday, February 2nd. Finally, JPMorgan Chase & Co. lowered their target price on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a report on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 195.

Crest Nicholson Stock Performance

LON:CRST opened at GBX 161.04 on Thursday. Crest Nicholson has a twelve month low of GBX 125.71 and a twelve month high of GBX 198.50. 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’s 50-day simple moving average is GBX 139.59 and its 200 day simple moving average is GBX 155.57. The firm has a market capitalization of £413.30 million, a PE ratio of 178.93, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST) last posted its earnings results on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a negative net margin of 4.21% and a negative return on equity of 3.47%. On average, analysts anticipate that Crest Nicholson will post 9.0980939 EPS for the current fiscal year.

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.