Jefferies Financial Group Has Lowered Expectations for Crest Nicholson (LON:CRST) Stock Price

Crest Nicholson (LON:CRST – Get Free Report) had its target price dropped by research analysts at Jefferies Financial Group from GBX 107 to GBX 80 in a report released on Monday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price suggests a potential upside of 22.70% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. reduced their price objective on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. Berenberg Bank lowered their target price on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a research note on Friday, September 4th. Royal Bank Of Canada cut Crest Nicholson to an “outperform” rating and set a GBX 95 price target for the company. in a report on Thursday, September 3rd. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating on the stock in a research report on Tuesday, September 8th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Crest Nicholson presently has a consensus rating of “Hold” and a consensus target price of GBX 99.

Get Our Latest Stock Analysis on Crest Nicholson

Crest Nicholson Price Performance

LON:CRST opened at GBX 65.20 on Monday. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 35.57. The firm has a market cap of £167.41 million, a PE ratio of 7.76, a price-to-earnings-growth ratio of 0.51 and a beta of 1.32. Crest Nicholson has a 12 month low of GBX 53 and a 12 month high of GBX 176.20. The company’s 50-day moving average price is GBX 62.63 and its two-hundred day moving average price is GBX 74.53.

Crest Nicholson (LON:CRST – Get Free Report) last posted 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 return on equity of 4.32% and a negative net margin of 5.44%. On average, equities analysts anticipate that Crest Nicholson will post 9.0980939 EPS for the current fiscal year.

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.

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Analyst Recommendations for Crest Nicholson (LON:CRST)

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