Liberum Capital reiterated their buy rating on shares of Crest Nicholson (LON:CRST) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.
Other research analysts have also issued reports about the stock. UBS Group lowered shares of to a neutral rating and reduced their price objective for the company from GBX 870 ($11.37) to GBX 650 ($8.49) in a research note on Wednesday, June 19th. JPMorgan Chase & Co. lowered shares of VESTAS WIND SYS/ADR from a neutral rating to an underweight rating in a research report on Thursday, March 21st. Peel Hunt restated a hold rating and set a GBX 935 ($12.22) price target (up from GBX 920 ($12.02)) on shares of Antofagasta in a research report on Tuesday. Shore Capital restated a house stock rating on shares of in a research report on Thursday, June 20th. Finally, Berenberg Bank restated a hold rating and set a GBX 285 ($3.72) price target on shares of in a research report on Wednesday, June 12th. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 399.42 ($5.22).
LON CRST opened at GBX 365.20 ($4.77) on Tuesday. Crest Nicholson has a 52 week low of GBX 275 ($3.59) and a 52 week high of GBX 410.80 ($5.37). The firm has a market cap of $938.28 million and a PE ratio of 6.89. The company has a debt-to-equity ratio of 29.47, a current ratio of 4.16 and a quick ratio of 0.88. The company has a fifty day moving average price of GBX 357.75.
The business also recently announced a dividend, which will be paid on Friday, October 4th. Investors of record on Thursday, September 19th will be given a GBX 11.20 ($0.15) dividend. The ex-dividend date is Thursday, September 19th. This represents a yield of 3.14%. Crest Nicholson’s dividend payout ratio (DPR) is presently 0.62%.
In related news, insider Octavia Morley bought 5,600 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th. The stock was bought at an average cost of GBX 356 ($4.65) per share, for a total transaction of £19,936 ($26,049.92).
About Crest Nicholson
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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