Analysts Set Crest Nicholson Holdings plc (LON:CRST) Price Target at GBX 121

Shares of Crest Nicholson Holdings plc (LON:CRSTGet Free Report) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 121.

Several research firms have weighed in on CRST. Stifel Nicolaus reiterated a “hold” rating and set a GBX 125 price objective on shares of Crest Nicholson in a research report on Tuesday, April 21st. Royal Bank Of Canada cut shares of Crest Nicholson to an “outperform” rating and lowered their price objective for the stock from GBX 155 to GBX 95 in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft cut shares of Crest Nicholson to a “hold” rating and lowered their price objective for the stock from GBX 228 to GBX 79 in a research report on Wednesday, April 22nd. Jefferies Financial Group reiterated a “buy” rating and set a GBX 112 price objective on shares of Crest Nicholson in a research report on Tuesday, May 5th. Finally, Berenberg Bank lowered their price objective on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd.

Check Out Our Latest Report on Crest Nicholson

Insider Activity at Crest Nicholson

In other news, insider Gillian Kent acquired 9,538 shares of the stock in a transaction on Monday, March 23rd. The shares were purchased at an average cost of GBX 104 per share, for a total transaction of £9,919.52. Also, insider Martyn Clark sold 46,077 shares of Crest Nicholson stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of GBX 151, for a total transaction of £69,576.27. Over the last quarter, insiders have acquired 10,258 shares of company stock worth $1,066,856. Corporate insiders own 4.49% of the company’s stock.

Crest Nicholson Price Performance

LON CRST opened at GBX 72.33 on Friday. The stock has a market capitalization of £185.69 million, a P/E ratio of 80.37, a P/E/G ratio of 0.51 and a beta of 1.35. Crest Nicholson has a 1 year low of GBX 59.60 and a 1 year high of GBX 197.60. The business’s fifty day moving average is GBX 91.11 and its two-hundred day moving average is GBX 126.22. 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 Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Crest Nicholson (LON:CRST)

Receive News & Ratings for Crest Nicholson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crest Nicholson and related companies with MarketBeat.com's FREE daily email newsletter.