Crest Nicholson Holdings plc (LON:CRST) Receives Average Recommendation of “Hold” from Analysts

Crest Nicholson Holdings plc (LON:CRST) has been given an average recommendation of “Hold” by the seven ratings firms that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 109.57.

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft cut shares of Crest Nicholson to a “hold” rating and lowered their price objective for the stock from GBX 228 to GBX 79 in a research report on Wednesday, April 22nd. Berenberg Bank lowered their price objective on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Jefferies Financial Group reissued a “buy” rating and issued a GBX 112 target price on shares of Crest Nicholson in a report on Tuesday, May 5th. JPMorgan Chase & Co. lowered their price target on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a report on Tuesday, June 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 95 price objective on shares of Crest Nicholson in a research note on Friday, July 17th.

Crest Nicholson Stock Up 0.0%

CRST stock opened at GBX 64.63 on Wednesday. Crest Nicholson has a 12 month low of GBX 59.60 and a 12 month high of GBX 188.80. The company has a market cap of £165.93 million, a price-to-earnings ratio of 7.69, a PEG ratio of 0.51 and a beta of 1.33. The firm has a 50-day moving average of GBX 68.66 and a two-hundred day moving average of GBX 98.65. The company has a current ratio of 2.24, a quick ratio of 0.71 and a debt-to-equity ratio of 35.57.

Crest Nicholson (LON:CRST) last posted its quarterly earnings results on Thursday, July 16th. The company reported GBX (10.10) EPS for the quarter. Crest Nicholson had a negative return on equity of 4.32% and a negative net margin of 5.44%. As a group, analysts forecast that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal year.

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.