Crest Nicholson Holdings PLC (CRST) Given Average Recommendation of “Buy” by Analysts
Shares of Crest Nicholson Holdings PLC (LON:CRST) have received a consensus recommendation of “Buy” from the eleven ratings firms that are covering the stock. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 601.88 ($7.77).
A number of brokerages recently commented on CRST. Barclays PLC upped their price target on shares of Crest Nicholson Holdings PLC from GBX 595 ($7.68) to GBX 628 ($8.11) and gave the company an “overweight” rating in a research note on Wednesday, January 25th. Deutsche Bank AG lowered their target price on shares of Crest Nicholson Holdings PLC from GBX 564 ($7.28) to GBX 545 ($7.03) and set a “hold” rating on the stock in a research note on Sunday, January 22nd. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Crest Nicholson Holdings PLC in a research note on Friday, March 24th. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 745 ($9.62) target price on shares of Crest Nicholson Holdings PLC in a research note on Wednesday, January 25th. Finally, Shore Capital reiterated a “buy” rating on shares of Crest Nicholson Holdings PLC in a research note on Tuesday.
In related news, insider Chris Tinker sold 4,950 shares of the stock in a transaction on Wednesday, March 29th. The shares were sold at an average price of GBX 532 ($6.87), for a total transaction of £26,334 ($33,992.51). Also, insider Patrick Bergin sold 53,581 shares of the stock in a transaction on Wednesday, February 22nd. The shares were sold at an average price of GBX 530 ($6.84), for a total transaction of £283,979.30 ($366,566.80).
Shares of Crest Nicholson Holdings PLC (LON:CRST) opened at 627.50 on Friday. Crest Nicholson Holdings PLC has a 52-week low of GBX 323.90 and a 52-week high of GBX 648.50. The firm’s market capitalization is GBX 1.60 billion. The stock has a 50 day moving average of GBX 587.36 and a 200-day moving average of GBX 516.23.
ILLEGAL ACTIVITY NOTICE: This story was first reported by American Banking News and is the sole property of of American Banking News. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/05/19/crest-nicholson-holdings-plc-crst-given-average-recommendation-of-buy-by-analysts.html.
About Crest Nicholson Holdings PLC
Crest Nicholson Holdings plc is a United Kingdom-based residential developer operating in the Southern half of England. The Company’s product range varies from homes for first time buyers to large family homes, and includes a mixture of houses, apartments and supporting commercial premises as part of its developments.
Receive News & Ratings for Crest Nicholson Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crest Nicholson Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.