Stifel Nicolaus Reaffirms “Hold” Rating for Crest Nicholson (LON:CRST)

Crest Nicholson (LON:CRST)‘s stock had its “hold” rating reiterated by research analysts at Stifel Nicolaus in a report released on Thursday, Marketbeat reports. They currently have a GBX 125 price target on the stock. Stifel Nicolaus’ price target points to a potential upside of 19.16% from the stock’s previous close.

CRST has been the topic of several other research reports. Royal Bank Of Canada lifted their target price on Crest Nicholson from GBX 205 to GBX 215 and gave the company an “outperform” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. decreased their price target on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 230 price objective on shares of Crest Nicholson in a research note on Thursday, February 5th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Crest Nicholson currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 183.33.

Crest Nicholson Stock Down 1.3%

CRST stock opened at GBX 104.90 on Thursday. The stock has a market cap of £269.22 million, a PE ratio of 116.56, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. The firm’s 50-day simple moving average is GBX 139.51 and its 200 day simple moving average is GBX 146.86. Crest Nicholson has a fifty-two week low of GBX 96.95 and a fifty-two week high of GBX 198.50. The company has a quick ratio of 0.72, a current ratio of 2.63 and a debt-to-equity ratio of 24.15.

Crest Nicholson (LON:CRST) last posted its earnings results on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a net margin of 0.36% and a return on equity of 0.30%. As a group, sell-side analysts predict that Crest Nicholson will post 9.0980939 EPS for the current year.

Insider Buying and Selling at Crest Nicholson

In related news, insider Martyn Clark sold 46,077 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of GBX 151, for a total transaction of £69,576.27. Also, insider Gillian Kent bought 9,538 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were purchased at an average cost of GBX 104 per share, for a total transaction of £9,919.52. In the last 90 days, insiders bought 10,250 shares of company stock valued at $1,091,836. Insiders own 4.49% of the company’s stock.

About Crest Nicholson

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.