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

Shares of Crest Nicholson Holdings plc (LON:CRST) have been given an average rating of “Hold” by the seven brokerages that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 102.86.

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada lowered Crest Nicholson to an “outperform” rating and set a GBX 95 price objective for the company. in a research note on Thursday, September 3rd. Jefferies Financial Group restated a “buy” rating and set a GBX 107 target price on shares of Crest Nicholson in a research report on Friday, September 4th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating for the company in a research note on Tuesday, September 8th. Berenberg Bank cut their price objective on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a research report on Friday, September 4th. Finally, JPMorgan Chase & Co. cut 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.

Crest Nicholson Price Performance

Shares of LON:CRST opened at GBX 56.60 on Thursday. The company has a market capitalization of £145.33 million, a P/E ratio of 6.74, a P/E/G ratio of 0.51 and a beta of 1.32. Crest Nicholson has a 1-year low of GBX 53 and a 1-year high of GBX 176.20. The firm’s 50 day simple moving average is GBX 62.92 and its two-hundred day simple moving average is GBX 76.33. The company has a debt-to-equity ratio of 35.57, a current ratio of 2.24 and a quick ratio of 0.71.

Crest Nicholson (LON:CRST) last announced its quarterly earnings data on Thursday, July 16th. The company reported GBX (10.10) earnings per share (EPS) for the quarter. Crest Nicholson had a negative return on equity of 4.32% and a negative net margin of 5.44%. Research analysts expect that Crest Nicholson will post 9.0980939 EPS 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.