Crest Nicholson Holdings PLC (CRST) Given Consensus Recommendation of “Buy” by Analysts
Shares of Crest Nicholson Holdings PLC (LON:CRST) have earned a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 661.89 ($8.92).
A number of analysts have recently weighed in on CRST shares. Peel Hunt lowered shares of Crest Nicholson Holdings PLC to an “add” rating and cut their price objective for the stock from GBX 740 ($9.98) to GBX 720 ($9.71) in a research note on Tuesday, June 13th. Beaufort Securities reiterated a “buy” rating and issued a GBX 660 ($8.90) price objective on shares of Crest Nicholson Holdings PLC in a research note on Wednesday, June 14th. Canaccord Genuity cut their price objective on shares of Crest Nicholson Holdings PLC from GBX 650 ($8.76) to GBX 640 ($8.63) and set a “buy” rating on the stock in a research note on Wednesday, June 14th. Jefferies Group LLC increased their price objective on shares of Crest Nicholson Holdings PLC from GBX 666 ($8.98) to GBX 720 ($9.71) and gave the stock a “buy” rating in a research note on Monday, June 26th. Finally, Shore Capital reiterated a “buy” rating on shares of Crest Nicholson Holdings PLC in a research note on Tuesday, June 13th.
Crest Nicholson Holdings PLC (LON CRST) opened at 514.00 on Friday. The stock’s market cap is GBX 1.31 billion. Crest Nicholson Holdings PLC has a 52 week low of GBX 392.38 and a 52 week high of GBX 648.50. The stock’s 50 day moving average is GBX 532.43 and its 200 day moving average is GBX 558.96.
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In related news, insider Chris Tinker sold 52,000 shares of the stock in a transaction on Friday, August 11th. The shares were sold at an average price of GBX 510 ($6.88), for a total transaction of £265,200 ($357,556.96).
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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