Crest Nicholson’s (CRST) Hold Rating Reaffirmed at Stifel Nicolaus

Stifel Nicolaus reissued their hold rating on shares of Crest Nicholson (LON:CRST) in a report released on Tuesday morning,Digital Look reports. Stifel Nicolaus currently has a GBX 125 target price on the stock.

A number of other research firms have also weighed in on CRST. Jefferies Financial Group restated a “buy” rating and issued a GBX 164 target price on shares of Crest Nicholson in a report on Tuesday. Royal Bank Of Canada raised their target price on Crest Nicholson from GBX 205 to GBX 215 and gave the company an “outperform” rating in a report on Monday, February 2nd. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Crest Nicholson presently has an average rating of “Moderate Buy” and an average target price of GBX 172.33.

Crest Nicholson Trading Down 35.2%

Shares of Crest Nicholson stock opened at GBX 70 on Tuesday. The company has a debt-to-equity ratio of 24.15, a quick ratio of 0.72 and a current ratio of 2.63. Crest Nicholson has a 52 week low of GBX 59.70 and a 52 week high of GBX 198.50. The stock has a 50 day moving average price of GBX 124.92 and a two-hundred day moving average price of GBX 140.33. The stock has a market capitalization 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 announced its quarterly earnings data on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a return on equity of 0.30% and a net margin of 0.36%. As a group, equities analysts anticipate that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Gillian Kent bought 9,538 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were 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 that occurred on Monday, March 2nd. The shares were sold at an average price of GBX 151, for a total value of £69,576.27. Insiders bought 10,312 shares of company stock worth $1,091,598 in the last 90 days. Corporate insiders own 4.49% of the company’s stock.

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.