Crest Nicholson Holdings plc (LON:CRST) Stock Rated “Hold” by Sell-Side Brokerages

Crest Nicholson Holdings plc (LON:CRST) has earned an average recommendation of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat Ratings 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 issued ratings on the stock in the last year is GBX 99.

Several equities research analysts have recently commented on CRST shares. Berenberg Bank cut their target price on shares of Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating on the stock in a research note on Friday, September 4th. Royal Bank Of Canada downgraded Crest Nicholson to an “outperform” rating and set a GBX 95 target price on the stock. in a report on Thursday, September 3rd. Jefferies Financial Group reduced their price target on Crest Nicholson from GBX 107 to GBX 80 and set a “buy” rating on the stock in a research note on Monday, September 28th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating for the company in a report on Tuesday, September 8th.

Crest Nicholson Price Performance

Shares of CRST stock opened at GBX 60.80 on Monday. The firm has a market cap of £156.12 million, a P/E ratio of 7.24, a P/E/G ratio of 0.51 and a beta of 1.32. Crest Nicholson has a fifty-two week low of GBX 53 and a fifty-two week high of GBX 176.20. The business’s 50 day moving average price is GBX 61.85 and its 200-day moving average price is GBX 70.02. The company has a debt-to-equity ratio of 35.57, a quick ratio of 0.71 and a current ratio of 2.24.

Crest Nicholson (LON:CRST) last announced its earnings results on Thursday, July 16th. The company reported GBX (10.10) EPS for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. On average, equities research analysts anticipate that Crest Nicholson will post 9.10 earnings per share for the current 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.