Crest Nicholson (LON:CRST) Receives “Outperform” Rating from Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of Crest Nicholson (LON:CRST) in a research report released on Friday morning,Digital Look reports. The firm currently has a GBX 95 target price on the stock.

Several other brokerages also recently commented on CRST. Stifel Nicolaus reiterated a “hold” rating and issued a GBX 125 target price on shares of Crest Nicholson in a report on Tuesday, April 21st. JPMorgan Chase & Co. decreased their price target on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft lowered Crest Nicholson to a “hold” rating and decreased their price objective for the stock from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating and set a GBX 112 target price on shares of Crest Nicholson in a report on Tuesday, May 5th. Finally, Berenberg Bank decreased their price target on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 109.57.

Crest Nicholson Price Performance

Shares of LON:CRST opened at GBX 65.82 on Friday. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 34.67. The stock’s 50 day moving average is GBX 70.35 and its 200-day moving average is GBX 105.46. Crest Nicholson has a twelve month low of GBX 59.60 and a twelve month high of GBX 192.10. The firm has a market capitalization of £168.99 million, a price-to-earnings ratio of 73.13, a PEG ratio of 0.51 and a beta of 1.33.

Crest Nicholson (LON:CRST) last released its quarterly earnings data on Thursday, July 16th. The company reported GBX (10.10) earnings per share for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. Sell-side analysts forecast that Crest Nicholson will post 9.0980939 EPS for the current fiscal year.

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.