Crest Nicholson (LON:CRST) Earns “Buy” Rating from Jefferies Financial Group

Crest Nicholson (LON:CRST)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Financial Group in a research report issued on Monday,Digital Look reports. They currently have a GBX 230 target price on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 69.12% from the company’s previous close.

A number of other equities analysts have also issued reports on CRST. Peel Hunt reiterated an “add” rating and issued a GBX 190 target price on shares of Crest Nicholson in a research report on Tuesday, November 18th. JPMorgan Chase & Co. reduced their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Finally, Berenberg Bank decreased their price objective on shares of Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating for the company in a report on Tuesday, November 18th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Crest Nicholson presently has an average rating of “Moderate Buy” and a consensus target price of GBX 190.

Crest Nicholson Stock Performance

Shares of LON:CRST traded down GBX 2 on Monday, hitting GBX 136. The company’s stock had a trading volume of 311,437 shares, compared to its average volume of 1,357,162. The company has a market capitalization of £348.65 million, a price-to-earnings ratio of -4.74, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. The company has a debt-to-equity ratio of 12.94, a quick ratio of 0.72 and a current ratio of 3.27. Crest Nicholson has a 12 month low of GBX 125.71 and a 12 month high of GBX 198.50. The stock’s 50-day moving average is GBX 140.42 and its two-hundred day moving average is GBX 159.45.

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.