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

Stifel Nicolaus restated their hold rating on shares of Crest Nicholson (LON:CRST) in a research note issued to investors on Thursday morning, Marketbeat.com reports. They currently have a GBX 125 target price on the stock.

Several other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a report on Thursday, December 4th. Jefferies Financial Group reissued a “buy” rating and set a GBX 230 price objective on shares of Crest Nicholson in a report on Thursday, February 5th. Finally, Royal Bank Of Canada boosted their price objective 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 investment 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 an average rating of “Moderate Buy” and an average target price of GBX 183.33.

Crest Nicholson Stock Down 0.3%

CRST stock opened at GBX 106 on Thursday. The firm has a 50-day moving average price of GBX 140.18 and a 200-day moving average price of GBX 147.17. Crest Nicholson has a 12 month low of GBX 96.95 and a 12 month high of GBX 198.50. The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15. The stock has a market capitalization of £272.04 million, a P/E ratio of 117.78, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42.

Crest Nicholson (LON:CRST) last announced its quarterly earnings results 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%. As a group, equities research analysts anticipate that Crest Nicholson will post 9.0980939 EPS for the current fiscal year.

Insider Activity

In other news, insider Martyn Clark sold 46,077 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of GBX 151, for a total value of £69,576.27. Also, insider Gillian Kent acquired 9,538 shares of the stock in a transaction dated Monday, March 23rd. The shares were bought at an average price of GBX 104 per share, with a total value of £9,919.52. In the last three months, insiders bought 10,250 shares of company stock valued at $1,091,836. Insiders own 4.49% of the company’s stock.

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.