Jefferies Financial Group Reaffirms Buy Rating for Crest Nicholson (LON:CRST)

Crest Nicholson (LON:CRST)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a research note issued to investors on Monday, MarketBeat.com reports. They presently have a GBX 230 price target on the stock. Jefferies Financial Group’s price target indicates a potential upside of 71.90% from the company’s previous close.

Several other analysts have also recently commented on CRST. Berenberg Bank decreased their target price on Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a report on Tuesday, November 18th. JPMorgan Chase & Co. lowered their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research report on Thursday, December 4th. Finally, Peel Hunt restated an “add” rating and issued a GBX 190 price objective on shares of Crest Nicholson in a report on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 190.

Crest Nicholson Stock Performance

Crest Nicholson stock opened at GBX 133.80 on Monday. The firm has a market capitalization of £343.01 million, a P/E ratio of -4.66, a P/E/G ratio of 0.51 and a beta of 2.00. The stock has a fifty day moving average price of GBX 139.15 and a two-hundred day moving average price of GBX 158.75. Crest Nicholson has a 52-week low of GBX 125.71 and a 52-week high of GBX 198.50. The company has a debt-to-equity ratio of 12.94, a current ratio of 3.27 and a quick ratio of 0.72.

Crest Nicholson Company Profile

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.