Crest Nicholson’s (CRST) “Buy” Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Crest Nicholson (LON:CRST) in a report issued on Tuesday morning,Digital Look reports. The brokerage currently has a GBX 164 target price on the stock.

A number of other analysts also recently weighed in on the stock. Stifel Nicolaus reissued a “hold” rating and issued a GBX 125 price target on shares of Crest Nicholson in a report on Thursday, March 26th. Royal Bank Of Canada raised their target price on Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 172.33.

Crest Nicholson Price Performance

Shares of Crest Nicholson stock opened at GBX 70 on Tuesday. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.72. Crest Nicholson has a fifty-two week low of GBX 59.70 and a fifty-two week high of GBX 198.50. The firm has a fifty day moving average price of GBX 124.92 and a two-hundred day moving average price of GBX 140.33. The company has a market cap of £179.71 million, a PE ratio of 77.78, a price-to-earnings-growth ratio of 0.51 and a beta of 1.58.

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

Insider Buying and Selling at Crest Nicholson

In other news, insider Gillian Kent bought 9,538 shares of Crest Nicholson stock in a transaction that occurred on Monday, March 23rd. The stock was purchased at an average cost of GBX 104 per share, with a total value of £9,919.52. Also, insider Martyn Clark sold 46,077 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of GBX 151, for a total value of £69,576.27. Over the last ninety days, insiders purchased 10,312 shares of company stock valued at $1,091,598. 4.49% of the stock is owned by company 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.