Crest Nicholson’s (CRST) Buy Rating Reiterated at UBS Group
UBS Group restated their buy rating on shares of Crest Nicholson (LON:CRST) in a report published on Thursday, investing.thisismoney.co.uk reports. The brokerage currently has a GBX 475 ($6.21) price objective on the stock, down from their prior price objective of GBX 550 ($7.19).
A number of other research firms also recently weighed in on CRST. Peel Hunt reaffirmed a hold rating on shares of Crest Nicholson in a research note on Wednesday, October 10th. Barclays reaffirmed an equal weight rating and set a GBX 438 ($5.72) price target (down from GBX 540 ($7.06)) on shares of Crest Nicholson in a research note on Wednesday, September 12th. Deutsche Bank reaffirmed a hold rating on shares of Crest Nicholson in a research note on Friday, August 17th. Shore Capital reaffirmed an under review rating on shares of Crest Nicholson in a research note on Wednesday. Finally, Berenberg Bank initiated coverage on Crest Nicholson in a research note on Wednesday, July 25th. They set a hold rating and a GBX 440 ($5.75) price target on the stock. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 462.83 ($6.05).
CRST stock opened at GBX 302.80 ($3.96) on Thursday. Crest Nicholson has a fifty-two week low of GBX 466.81 ($6.10) and a fifty-two week high of GBX 648.50 ($8.47).
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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