JPMorgan Chase & Co. Has Lowered Expectations for Crest Nicholson (LON:CRST) Stock Price

Crest Nicholson (LON:CRSTGet Free Report) had its price objective dropped by research analysts at JPMorgan Chase & Co. from GBX 190 to GBX 160 in a report released on Thursday, MarketBeat.com reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 17.47% from the company’s current price.

Other research analysts have also recently issued reports about the company. Jefferies Financial Group lowered their price objective on Crest Nicholson from GBX 254 to GBX 251 and set a “buy” rating for the company in a research report on Wednesday, November 19th. Berenberg Bank lowered their price target on Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating for the company in a report on Tuesday, November 18th. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 190 price target on shares of Crest Nicholson in a research note on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Crest Nicholson currently has a consensus rating of “Moderate Buy” and an average price target of GBX 195.25.

Get Our Latest Analysis on Crest Nicholson

Crest Nicholson Price Performance

Crest Nicholson stock opened at GBX 136.20 on Thursday. The company has a current ratio of 3.27, a quick ratio of 0.72 and a debt-to-equity ratio of 12.94. The company has a fifty day simple moving average of GBX 158.09 and a 200-day simple moving average of GBX 169.62. The stock has a market cap of £349.15 million, a P/E ratio of -4.75, a price-to-earnings-growth ratio of 0.51 and a beta of 2.00. Crest Nicholson has a 12-month low of GBX 125.71 and a 12-month high of GBX 198.50.

About Crest Nicholson

(Get Free Report)

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.

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