Crest Nicholson Holdings plc (LON:CRST) Receives GBX 183.33 Consensus Price Target from Brokerages

Shares of Crest Nicholson Holdings plc (LON:CRST) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 183.33.

Several equities analysts have recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 230 target price on shares of Crest Nicholson in a report on Thursday, February 5th. Royal Bank Of Canada lifted their price target on Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Stifel Nicolaus reissued a “hold” rating and issued a GBX 125 price objective on shares of Crest Nicholson in a research report on Thursday. Finally, JPMorgan Chase & Co. reduced their price objective on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research note on Thursday, December 4th.

Crest Nicholson Trading Down 1.3%

Shares of CRST stock opened at GBX 104.90 on Thursday. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.72. The stock has a 50 day simple moving average of GBX 139.51 and a 200-day simple moving average of GBX 146.86. Crest Nicholson has a 1-year low of GBX 96.95 and a 1-year high of GBX 198.50. The company has a market cap of £269.22 million, a price-to-earnings ratio of 116.56, a PEG ratio of 0.51 and a beta of 1.42.

Crest Nicholson (LON:CRST) last issued its quarterly earnings data on Thursday, January 29th. The company reported GBX 7.80 earnings per share (EPS) for the quarter. Crest Nicholson had a net margin of 0.36% and a return on equity of 0.30%. On average, equities research analysts expect that Crest Nicholson will post 9.0980939 EPS for the current fiscal year.

Insider Transactions at Crest Nicholson

In related news, insider Gillian Kent purchased 9,538 shares of Crest Nicholson stock in a transaction that occurred on Monday, March 23rd. The stock was bought at an average price of GBX 104 per share, for a total transaction of £9,919.52. Also, insider Martyn Clark sold 46,077 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of GBX 151, for a total transaction of £69,576.27. Insiders purchased a total of 10,250 shares of company stock worth $1,091,836 over the last three months. 4.49% of the stock is owned by insiders.

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.