Crest Nicholson Holdings plc (LON:CRST) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Crest Nicholson Holdings plc (LON:CRST) have earned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 183.33.

A number of research firms recently weighed in on CRST. Royal Bank Of Canada lifted their price target on Crest Nicholson from GBX 205 to GBX 215 and gave the company an “outperform” rating in a research note on Monday, February 2nd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 230 price objective on shares of Crest Nicholson in a research report on Thursday, February 5th. JPMorgan Chase & Co. reduced their target price on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a report on Thursday, December 4th. Finally, Stifel Nicolaus restated a “hold” rating and set a GBX 125 target price on shares of Crest Nicholson in a research report on Thursday, March 26th.

Crest Nicholson Trading Down 2.4%

LON CRST opened at GBX 103.10 on Thursday. The company has a quick ratio of 0.72, a current ratio of 2.63 and a debt-to-equity ratio of 24.15. The stock has a market capitalization of £264.60 million, a P/E ratio of 114.56, a P/E/G ratio of 0.51 and a beta of 1.42. Crest Nicholson has a 52-week low of GBX 96.95 and a 52-week high of GBX 198.50. The firm has a 50-day moving average price of GBX 137.50 and a 200 day moving average price of GBX 145.80.

Crest Nicholson (LON:CRST) last announced its quarterly earnings data on Thursday, January 29th. The company reported GBX 7.80 earnings per share for the quarter. Crest Nicholson had a return on equity of 0.30% and a net margin of 0.36%. Equities research analysts expect that Crest Nicholson will post 9.0980939 EPS for the current year.

Insider Activity

In related news, insider Gillian Kent bought 9,538 shares of the stock in a transaction on Monday, March 23rd. The shares were bought at an average cost of GBX 104 per share, for a total transaction of £9,919.52. Also, insider Martyn Clark sold 46,077 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of GBX 151, for a total transaction of £69,576.27. Insiders purchased 10,250 shares of company stock valued at $1,091,836 in the last quarter. Company insiders own 4.49% of the company’s stock.

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.