Crest Nicholson Holdings PLC (CRST) Receives Average Recommendation of “Buy” from Analysts
Crest Nicholson Holdings PLC (LON:CRST) has received an average recommendation of “Buy” from the ten research firms that are presently covering the firm. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have covered the stock in the last year is GBX 554.65 ($6.86).
A number of research firms recently commented on CRST. HSBC raised their price target on shares of Crest Nicholson Holdings PLC from GBX 800 ($9.90) to GBX 830 ($10.27) and gave the stock a “buy” rating in a research report on Wednesday, June 15th. Goldman Sachs Group Inc. reaffirmed a “conviction-buy” rating and set a GBX 755 ($9.34) price target on shares of Crest Nicholson Holdings PLC in a research report on Wednesday, June 15th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 700 ($8.66) price target on shares of Crest Nicholson Holdings PLC in a research report on Wednesday, June 15th. Beaufort Securities raised shares of Crest Nicholson Holdings PLC to a “buy” rating in a research report on Wednesday, June 15th. Finally, Jefferies Group lowered their price target on shares of Crest Nicholson Holdings PLC from GBX 740 ($9.16) to GBX 575 ($7.12) and set a “buy” rating on the stock in a research report on Monday, June 27th.
In related news, insider Alexander,Pam purchased 4,777 shares of Crest Nicholson Holdings PLC stock in a transaction dated Tuesday, July 19th. The shares were bought at an average cost of GBX 419 ($5.19) per share, for a total transaction of £20,015.63 ($24,771.82).
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Shares of Crest Nicholson Holdings PLC (LON:CRST) traded up 0.99% on Thursday, reaching GBX 418.80. 1,282,880 shares of the company traded hands. The stock has a 50 day moving average of GBX 461.08 and a 200 day moving average of GBX 482.87. Crest Nicholson Holdings PLC has a 52-week low of GBX 323.90 and a 52-week high of GBX 607.50. The stock’s market cap is GBX 1.06 billion.
Crest Nicholson Holdings PLC Company Profile
Crest Nicholson Holdings plc is a residential developer, which designs sustainable communities. The Company delivers schemes of varying size and scale, from small housing-led residential developments to larger urban regeneration schemes and Garden Villages. Its product portfolio ranges from homes for first-time buyers through to large family homes, and includes a mix of houses, apartments and commercial facilities.
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