Crest Nicholson Holdings plc (LON:CRST) Stock Now Rated “Hold” by Wall Street Brokerages

Crest Nicholson Holdings plc (LON:CRST – Get Free Report) has been given a consensus recommendation of “Hold” by the seven ratings firms that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is GBX 99.

CRST has been the topic of a number of recent research reports. Royal Bank Of Canada cut Crest Nicholson to an “outperform” rating and set a GBX 95 target price on the stock. in a report on Thursday, September 3rd. Berenberg Bank reduced their price objective on shares of Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a research note on Friday, September 4th. Jefferies Financial Group decreased their price objective on shares of Crest Nicholson from GBX 107 to GBX 80 and set a “buy” rating on the stock in a research report on Monday, September 28th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective 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.

Read Our Latest Report on Crest Nicholson

Crest Nicholson Stock Down 1.4%

CRST stock opened at GBX 61.40 on Monday. The business has a 50 day moving average of GBX 61.85 and a 200 day moving average of GBX 70.24. The firm has a market cap of £157.66 million, a PE ratio of 7.31, a price-to-earnings-growth ratio of 0.51 and a beta of 1.32. Crest Nicholson has a twelve month low of GBX 53 and a twelve month high of GBX 176.20. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 35.57.

Crest Nicholson (LON:CRST – Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The company reported GBX (10.10) EPS for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. On average, research analysts forecast that Crest Nicholson will post 9.10 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.

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.