Crest Nicholson (CRST) Given New GBX 554 Price Target at Deutsche Bank

Crest Nicholson (LON:CRST) had its target price cut by equities researchers at Deutsche Bank from GBX 593 ($8.04) to GBX 554 ($7.51) in a research report issued on Friday. The firm presently has a “hold” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 8.84% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Canaccord Genuity decreased their target price on shares of Crest Nicholson from GBX 610 ($8.27) to GBX 600 ($8.14) and set a “buy” rating for the company in a research note on Thursday. Numis Securities decreased their target price on shares of Crest Nicholson from GBX 618 ($8.38) to GBX 595 ($8.07) and set an “add” rating for the company in a research note on Thursday. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 550 ($7.46) target price on shares of Crest Nicholson in a research note on Thursday. Shore Capital reaffirmed a “buy” rating on shares of Crest Nicholson in a research note on Wednesday. Finally, Peel Hunt decreased their target price on shares of Crest Nicholson from GBX 680 ($9.22) to GBX 675 ($9.15) and set a “buy” rating for the company in a research note on Wednesday. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 631.22 ($8.56).

Shares of Crest Nicholson (LON CRST) traded down GBX 6 ($0.08) on Friday, reaching GBX 509 ($6.90). 2,820,390 shares of the company’s stock traded hands, compared to its average volume of 631,218. Crest Nicholson has a twelve month low of GBX 469.15 ($6.36) and a twelve month high of GBX 648.50 ($8.79). The stock has a market capitalization of $1,300.00 and a price-to-earnings ratio of 783.08.

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About Crest Nicholson

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.

Analyst Recommendations for Crest Nicholson (LON:CRST)

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