Crest Nicholson Holdings plc (LON:CRST) Receives GBX 109.57 Consensus PT from Brokerages

Crest Nicholson Holdings plc (LON:CRST) has been given an average rating of “Hold” by the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 109.57.

CRST has been the topic of several recent research reports. Berenberg Bank reduced their target price on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Stifel Nicolaus reissued a “hold” rating and set a GBX 125 price target on shares of Crest Nicholson in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft lowered shares of Crest Nicholson to a “hold” rating and cut their price target for the stock from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Jefferies Financial Group restated a “buy” rating and issued a GBX 112 price objective on shares of Crest Nicholson in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 95 price objective on shares of Crest Nicholson in a research note on Tuesday.

Crest Nicholson Price Performance

LON:CRST traded up GBX 0.20 during trading hours on Friday, hitting GBX 66.30. 1,882,366 shares of the company’s stock traded hands, compared to its average volume of 5,441,198. Crest Nicholson has a 52 week low of GBX 59.60 and a 52 week high of GBX 192.10. The firm has a market cap of £170.22 million, a P/E ratio of 73.67, a P/E/G ratio of 0.51 and a beta of 1.33. The company has a quick ratio of 0.71, a current ratio of 2.63 and a debt-to-equity ratio of 24.15. The business’s fifty day simple moving average is GBX 70.40 and its two-hundred day simple moving average is GBX 107.90.

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.