Crest Nicholson (LON:CRST) Price Target Raised to GBX 180 at JPMorgan Chase & Co.

Crest Nicholson (LON:CRST) had its price objective boosted by equities research analysts at JPMorgan Chase & Co. from GBX 160 ($2.03) to GBX 180 ($2.28) in a report released on Friday, Digital Look reports. The brokerage currently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential downside of 4.61% from the company’s previous close.

Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 237 ($3.00) target price on shares of Crest Nicholson in a report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat, Crest Nicholson has a consensus rating of “Hold” and a consensus target price of GBX 222.40 ($2.81).

Crest Nicholson Stock Up 1.3 %

Shares of CRST stock traded up GBX 2.50 ($0.03) during mid-day trading on Friday, hitting GBX 188.70 ($2.39). The stock had a trading volume of 739,069 shares, compared to its average volume of 1,092,693. Crest Nicholson has a 12-month low of GBX 152.70 ($1.93) and a 12-month high of GBX 276.80 ($3.50). The firm has a market capitalization of £484.81 million, a P/E ratio of 2,695.71, a price-to-earnings-growth ratio of 0.51 and a beta of 1.96. The firm’s 50-day moving average is GBX 207.67 and its two-hundred day moving average is GBX 196.42. The company has a debt-to-equity ratio of 12.16, a current ratio of 3.33 and a quick ratio of 0.72.

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.