Crest Nicholson’s (CRST) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Crest Nicholson (LON:CRST) in a research report released on Friday,Digital Look reports. The firm currently has a GBX 107 price objective on the stock.

Other equities analysts have also recently issued reports about the stock. Royal Bank Of Canada cut shares of Crest Nicholson to an “outperform” rating and set a GBX 95 price objective for the company. in a research report on Thursday. JPMorgan Chase & Co. cut their target price on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a research report on Tuesday, June 16th. Finally, Berenberg Bank decreased their target price on shares of Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating on the stock in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 104.86.

Crest Nicholson Stock Performance

Crest Nicholson stock opened at GBX 58.10 on Friday. Crest Nicholson has a 12-month low of GBX 53 and a 12-month high of GBX 176.20. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 35.57. The business’s 50-day moving average price is GBX 66.08 and its two-hundred day moving average price is GBX 85.11. The stock has a market cap of £149.35 million, a PE ratio of 6.92, a P/E/G ratio of 0.51 and a beta of 1.32.

Crest Nicholson (LON:CRST) last issued its earnings results on Thursday, July 16th. The company reported GBX (10.10) EPS for the quarter. Crest Nicholson had a negative return on equity of 4.32% and a negative net margin of 5.44%. As a group, analysts expect that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal year.

Key Crest Nicholson News

Here are the key news stories impacting Crest Nicholson this week:

• Positive Sentiment: Improved debt position: Crest Nicholson lowered its year-end net debt forecast, a positive development for liquidity and financial flexibility despite the weaker earnings outlook. Crest Nicholson Lowers Year-End Net Debt Forecast and Expects FY26 EBIT Loss
• Positive Sentiment: Jefferies remains bullish: Jefferies Financial Group reaffirmed its “buy” rating and set a GBX 107 price target, implying substantial upside from recent trading levels and signaling confidence in a potential recovery. Crest Nicholson analyst ratings

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.