Crest Nicholson Holdings plc (LON:CRST) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Crest Nicholson Holdings plc (LON:CRST) have received an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 109.57.

Several research firms have commented on CRST. Berenberg Bank dropped their price target on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft cut Crest Nicholson to a “hold” rating and reduced their price objective for the company from GBX 228 to GBX 79 in a research note on Wednesday, April 22nd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 112 target price on shares of Crest Nicholson in a report on Tuesday, May 5th. JPMorgan Chase & Co. lowered their target price on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a research note on Tuesday, June 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 95 price target on shares of Crest Nicholson in a report on Tuesday.

Crest Nicholson Price Performance

Shares of CRST opened at GBX 66.10 on Friday. Crest Nicholson has a fifty-two week low of GBX 59.60 and a fifty-two week high of GBX 192.10. The firm’s 50 day moving average price is GBX 70.27 and its 200 day moving average price is GBX 108.69. The company has a market cap of £169.71 million, a P/E ratio of 73.44, a PEG ratio of 0.51 and a beta of 1.33. The company has a quick ratio of 0.71, a current ratio of 2.63 and a debt-to-equity ratio of 24.15.

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.