Shore Capital reiterated their hold rating on shares of Crest Nicholson (LON:CRST) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research analysts also recently weighed in on the stock. Peel Hunt raised shares of Crest Nicholson to a hold rating and raised their target price for the company from GBX 305 ($3.99) to GBX 360 ($4.70) in a research report on Tuesday, March 26th. Canaccord Genuity reaffirmed a hold rating and issued a GBX 365 ($4.77) target price on shares of Crest Nicholson in a research report on Wednesday, May 15th. Liberum Capital reaffirmed a buy rating on shares of Crest Nicholson in a research report on Tuesday, March 26th. JPMorgan Chase & Co. decreased their target price on shares of Crest Nicholson from GBX 440 ($5.75) to GBX 400 ($5.23) and set a neutral rating for the company in a research report on Thursday, March 21st. Finally, HSBC raised their target price on shares of Crest Nicholson from GBX 460 ($6.01) to GBX 510 ($6.66) and gave the company a buy rating in a research report on Tuesday, March 26th. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 401.08 ($5.24).

Crest Nicholson stock opened at GBX 355.80 ($4.65) on Tuesday. The firm has a market capitalization of $913.63 million and a P/E ratio of 6.42. Crest Nicholson has a 1-year low of GBX 275 ($3.59) and a 1-year high of GBX 450.60 ($5.89). The company has a quick ratio of 0.71, a current ratio of 3.80 and a debt-to-equity ratio of 19.37.

The company also recently declared a dividend, which will be paid on Friday, October 4th. Shareholders of record on Thursday, September 19th will be paid a GBX 11.20 ($0.15) dividend. This represents a yield of 3.14%. The ex-dividend date of this dividend is Thursday, September 19th. Crest Nicholson’s dividend payout ratio is currently 0.60%.

In other news, insider Octavia Morley purchased 5,600 shares of the business’s stock in a transaction on Tuesday, June 11th. The stock was purchased at an average price of GBX 356 ($4.65) per share, for a total transaction of £19,936 ($26,049.92). Also, insider Kevin Maguire sold 10,000 shares of the stock in a transaction on Friday, April 5th. The shares were sold at an average price of GBX 382 ($4.99), for a total transaction of £38,200 ($49,915.07).

Crest Nicholson Company Profile

Crest Nicholson Holdings plc 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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Analyst Recommendations for Crest Nicholson (LON:CRST)

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