Crest Nicholson Holdings plc (LON:CRST – Get Free Report)’s stock price was down 8.3% during mid-day trading on Thursday after Royal Bank Of Canada downgraded the stock to an outperform rating. Royal Bank Of Canada now has a GBX 95 price target on the stock. Crest Nicholson traded as low as GBX 53 and last traded at GBX 56.20. 12,705,670 shares traded hands during mid-day trading, an increase of 161% from the average daily volume of 4,872,614 shares. The stock had previously closed at GBX 61.30.
CRST has been the topic of a number of other research reports. JPMorgan Chase & Co. reduced their target price on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Jefferies Financial Group restated a “buy” rating and set a GBX 107 price objective on shares of Crest Nicholson in a research report on Wednesday, August 12th. Finally, Berenberg Bank reduced their price objective on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating on the stock in a research note on Friday. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of GBX 104.86.
Get Our Latest Stock Analysis on Crest Nicholson
More Crest Nicholson News
- Positive Sentiment: Improved debt position: Crest Nicholson lowered its year-end net debt forecast, a positive development for liquidity and financial flexibility despite the weaker earnings outlook. Crest Nicholson Lowers Year-End Net Debt Forecast and Expects FY26 EBIT Loss
- Positive Sentiment: Jefferies remains bullish: Jefferies Financial Group reaffirmed its “buy” rating and set a GBX 107 price target, implying substantial upside from recent trading levels and signaling confidence in a potential recovery. Crest Nicholson analyst ratings
Crest Nicholson Price Performance
The company has a debt-to-equity ratio of 35.57, a quick ratio of 0.71 and a current ratio of 2.24. The business has a 50 day moving average price of GBX 66.08 and a 200-day moving average price of GBX 85.71. The company has a market capitalization of £149.35 million, a price-to-earnings ratio of 6.92, a P/E/G ratio of 0.51 and a beta of 1.32.
Crest Nicholson (LON:CRST – Get Free Report) last posted its quarterly earnings results 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%. Research analysts predict that Crest Nicholson Holdings plc 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.
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