Martyn Clark Buys 221 Shares of Crest Nicholson (LON:CRST) Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark purchased 221 shares of the stock in a transaction on Wednesday, June 10th. The shares were purchased at an average cost of GBX 68 per share, with a total value of £150.28.

Martyn Clark also recently made the following trade(s):

• On Monday, May 11th, Martyn Clark acquired 206 shares of Crest Nicholson stock. The stock was purchased at an average cost of GBX 73 per share, with a total value of £150.38.
• On Friday, April 10th, Martyn Clark acquired 137 shares of Crest Nicholson stock. The stock was acquired at an average price of GBX 109 per share, with a total value of £149.33.

Crest Nicholson Stock Performance

CRST traded down GBX 1.10 during trading on Wednesday, hitting GBX 70.90. The stock had a trading volume of 5,394,413 shares, compared to its average volume of 5,145,795. The company has a debt-to-equity ratio of 24.15, a quick ratio of 0.72 and a current ratio of 2.63. The company’s 50-day moving average price is GBX 80.40 and its 200 day moving average price is GBX 117.95. Crest Nicholson Holdings plc has a twelve month low of GBX 59.60 and a twelve month high of GBX 197.60. The firm has a market capitalization of £182.03 million, a P/E ratio of 78.78, a PEG ratio of 0.51 and a beta of 1.34.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Jefferies Financial Group restated a “buy” rating and issued a GBX 112 price target on shares of Crest Nicholson in a report on Tuesday, May 5th. Stifel Nicolaus reissued a “hold” rating and set a GBX 125 target price on shares of Crest Nicholson in a report on Tuesday, April 21st. Berenberg Bank decreased their price target on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft cut shares of Crest Nicholson to a “hold” rating and cut their target price for the stock from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Finally, Royal Bank Of Canada lowered Crest Nicholson to an “outperform” rating and lowered their target price for the company from GBX 155 to GBX 95 in a report on Wednesday, April 22nd. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Crest Nicholson currently has a consensus rating of “Hold” and a consensus target price of GBX 121.

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.