Crest Nicholson (CRST) Upgraded to Buy at Liberum Capital
Several other research analysts have also weighed in on the stock. Shore Capital reiterated an under review rating on shares of Crest Nicholson in a research note on Wednesday, October 17th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Crest Nicholson in a research note on Thursday, October 18th. UBS Group reiterated a buy rating and issued a GBX 475 ($6.21) price objective (down previously from GBX 550 ($7.19)) on shares of Crest Nicholson in a research note on Thursday, October 18th. Peel Hunt dropped their price objective on shares of Crest Nicholson from GBX 520 ($6.79) to GBX 330 ($4.31) and set a hold rating on the stock in a research note on Wednesday, October 17th. Finally, Libertas Partners lowered shares of Crest Nicholson to a hold rating and dropped their price objective for the company from GBX 528 ($6.90) to GBX 331 ($4.33) in a research note on Wednesday, October 17th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of GBX 442 ($5.78).
Shares of LON:CRST traded up GBX 3.40 ($0.04) on Thursday, reaching GBX 339 ($4.43). The company had a trading volume of 208,382 shares, compared to its average volume of 1,510,000. Crest Nicholson has a 52-week low of GBX 466.81 ($6.10) and a 52-week high of GBX 648.50 ($8.47).
About Crest Nicholson
Crest Nicholson Holdings plc engages in builds homes in the United Kingdom. It develops apartments, houses, regeneration schemes, and garden villages; and commercial properties. The company serves first-time buyers, families, and investors. Crest Nicholson Holdings plc was founded in 1963 and is headquartered in Chertsey, the United Kingdom.
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