Crest Nicholson (LON:CRST) Insider Martyn Clark Acquires 120 Shares

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark purchased 120 shares of the stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average cost of GBX 125 per share, for a total transaction of £150.

Martyn Clark also recently made the following trade(s):

• On Monday, March 2nd, Martyn Clark sold 46,077 shares of Crest Nicholson stock. The stock was sold at an average price of GBX 151, for a total value of £69,576.27.
• On Tuesday, February 10th, Martyn Clark bought 130 shares of Crest Nicholson stock. The shares were acquired at an average price of GBX 153 per share, with a total value of £198.90.
• On Monday, January 12th, Martyn Clark bought 106 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 142 per share, for a total transaction of £150.52.
• On Wednesday, December 10th, Martyn Clark purchased 113 shares of Crest Nicholson stock. The shares were acquired at an average price of GBX 132 per share, with a total value of £149.16.

Crest Nicholson Stock Up 3.5%

CRST opened at GBX 125.70 on Wednesday. The business has a 50 day moving average of GBX 146.91 and a 200-day moving average of GBX 150.68. The stock has a market capitalization of £322.60 million, a price-to-earnings ratio of 139.67, a P/E/G ratio of 0.51 and a beta of 1.42. The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15. Crest Nicholson Holdings plc has a 1-year low of GBX 120.40 and a 1-year high of GBX 198.50.

Crest Nicholson (LON:CRST) last released its earnings results on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a net margin of 0.36% and a return on equity of 0.30%. As a group, sell-side analysts anticipate that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Peel Hunt reaffirmed an “add” rating and set a GBX 190 price target on shares of Crest Nicholson in a report on Tuesday, November 18th. Jefferies Financial Group restated a “buy” rating and issued a GBX 230 price objective on shares of Crest Nicholson in a report on Thursday, February 5th. 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 report on Monday, February 2nd. Berenberg Bank decreased their price target on shares of Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating for the company in a report on Tuesday, November 18th. Finally, JPMorgan Chase & Co. decreased their price objective on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 195.

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.