Crest Nicholson Holdings PLC (CRST) Given Consensus Rating of “Buy” by Brokerages
Shares of Crest Nicholson Holdings PLC (LON:CRST) have been given an average rating of “Buy” by the ten ratings firms that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 654.89 ($8.48).
A number of analysts have issued reports on the company. Peel Hunt downgraded Crest Nicholson Holdings PLC to an “add” rating and cut their target price for the stock from GBX 740 ($9.59) to GBX 720 ($9.33) in a research note on Tuesday, June 13th. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 590 ($7.64) target price on shares of Crest Nicholson Holdings PLC in a research note on Friday. Deutsche Bank AG raised their target price on Crest Nicholson Holdings PLC from GBX 636 ($8.24) to GBX 649 ($8.41) and gave the stock a “hold” rating in a research note on Wednesday, June 14th. Shore Capital reaffirmed a “buy” rating on shares of Crest Nicholson Holdings PLC in a research note on Tuesday, May 16th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 565 ($7.32) price objective on shares of Crest Nicholson Holdings PLC in a research report on Tuesday, May 16th.
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Shares of Crest Nicholson Holdings PLC (LON CRST) opened at 526.50 on Monday. The company’s market cap is GBX 1.34 billion. The stock’s 50 day moving average is GBX 588.32 and its 200 day moving average is GBX 545.80. Crest Nicholson Holdings PLC has a 52-week low of GBX 339.10 and a 52-week high of GBX 648.50.
The firm also recently announced a dividend, which will be paid on Friday, October 6th. Investors of record on Thursday, September 21st will be paid a dividend of GBX 11.20 ($0.15) per share. This represents a yield of 1.91%. The ex-dividend date is Thursday, September 21st.
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.
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