Crest Nicholson (LON:CRST) Insider Acquires £149.41 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd bought 223 shares of the firm’s stock in a transaction that occurred on Tuesday, November 10th. The stock was purchased at an average cost of GBX 67 per share, with a total value of £149.41.

William Floydd also recently made the following trade(s):

• On Monday, October 12th, William Floydd purchased 254 shares of Crest Nicholson stock. The shares were purchased at an average cost of GBX 59 per share, for a total transaction of £149.86.
• On Thursday, September 10th, William Floydd purchased 255 shares of Crest Nicholson stock. The shares were purchased at an average cost of GBX 59 per share, for a total transaction of £150.45.

Crest Nicholson Stock Performance

LON CRST traded down GBX 0.60 on Tuesday, reaching GBX 64.70. The stock had a trading volume of 4,560,486 shares, compared to its average volume of 4,330,200. The company has a debt-to-equity ratio of 35.57, a quick ratio of 0.71 and a current ratio of 2.24. Crest Nicholson Holdings plc has a 12-month low of GBX 53 and a 12-month high of GBX 173. The business’s 50-day moving average price is GBX 61.03 and its 200 day moving average price is GBX 85.52. The stock has a market cap of £166.14 million, a P/E ratio of 7.70, a price-to-earnings-growth ratio of 0.51 and a beta of 1.30.

Analysts Set New Price Targets

A number of brokerages have recently commented on CRST. Royal Bank Of Canada cut shares of Crest Nicholson to an “outperform” rating and set a GBX 95 target price on the stock. in a report on Thursday, September 3rd. Jefferies Financial Group reiterated a “buy” rating and set a GBX 80 price target on shares of Crest Nicholson in a research note on Wednesday, October 21st. Berenberg Bank lowered their price objective on shares of Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating on the stock in a research report on Friday, September 4th. Finally, Deutsche Bank Aktiengesellschaft dropped 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 note on Tuesday, September 8th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of GBX 99.

Crest Nicholson Company Profile

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.