Crest Nicholson Holdings PLC Upgraded to “Buy” by Jefferies Group (CRST)
Crest Nicholson Holdings PLC (LON:CRST) was upgraded by equities researchers at Jefferies Group to a “buy” rating in a research report issued on Friday, Analyst Ratings Network reports. The firm currently has a GBX 419 ($6.90) target price on the stock, up from their previous target price of GBX 387 ($6.38). Jefferies Group’s target price indicates a potential upside of 14.37% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Beaufort Securities reiterated a “hold” rating on shares of Crest Nicholson Holdings PLC in a research note to investors on Wednesday. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Crest Nicholson Holdings PLC in a research note to investors on Tuesday. They now have a GBX 395 ($6.51) price target on the stock. Finally, analysts at Barclays raised their price target on shares of Crest Nicholson Holdings PLC from GBX 390 ($6.43) to GBX 422.80 ($6.97) in a research note to investors on Wednesday, November 20th. They now have an “overweight” rating on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of GBX 420.45 ($6.93).
Crest Nicholson Holdings PLC (LON:CRST) opened at 366.3581 on Friday. Crest Nicholson Holdings PLC has a one year low of GBX 220.00 and a one year high of GBX 400.30. The stock’s 50-day moving average is GBX 370.1 and its 200-day moving average is GBX 352.4.
The company also recently declared a dividend, which is scheduled for Wednesday, April 9th. Shareholders of record on Wednesday, March 12th will be given a dividend of GBX 6.50 ($0.11) per share. This represents a yield of 1.83%. The ex-dividend date of this dividend is Wednesday, March 12th.
Crest Nicholson Holdings Plc, formerly Crest Nicholson Holdings Limited, is engaged in the design and delivery of sustainable housing and mixed-use communities.
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