Crest Nicholson (LON:CRST) Price Target Cut to GBX 251 by Analysts at Jefferies Financial Group

Crest Nicholson (LON:CRST) had its price target cut by research analysts at Jefferies Financial Group from GBX 254 to GBX 251 in a research report issued on Wednesday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 90.44% from the company’s previous close.

CRST has been the topic of several other reports. Peel Hunt reiterated an “add” rating and set a GBX 190 price objective on shares of Crest Nicholson in a research report on Tuesday. Berenberg Bank reiterated a “hold” rating and set a GBX 195 price target on shares of Crest Nicholson in a research report on Monday, September 8th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 206.50.

Crest Nicholson Price Performance

Shares of CRST stock traded down GBX 7.10 during trading hours on Wednesday, reaching GBX 131.80. The stock had a trading volume of 2,122,789 shares, compared to its average volume of 1,412,873. The stock’s fifty day simple moving average is GBX 162.79 and its 200 day simple moving average is GBX 174.19. The firm has a market capitalization of £337.87 million, a PE ratio of -4.59, a PEG ratio of 0.51 and a beta of 2.00. Crest Nicholson has a 12 month low of GBX 131.80 and a 12 month high of GBX 198.50. The company has a current ratio of 3.27, a quick ratio of 0.72 and a debt-to-equity ratio of 12.94.

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.