Crest Nicholson Holdings plc (LON:CRST) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Crest Nicholson Holdings plc (LON:CRST) have earned a consensus rating of “Hold” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 109.57.

Several analysts have issued reports on the stock. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 125 price target on shares of Crest Nicholson in a research report on Tuesday, April 21st. Royal Bank Of Canada lowered shares of Crest Nicholson to an “outperform” rating and lowered their price objective for the stock from GBX 155 to GBX 95 in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft cut shares of Crest Nicholson to a “hold” rating and dropped their target price for the company from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 112 target price on shares of Crest Nicholson in a research note on Tuesday, May 5th. Finally, Berenberg Bank lowered their price target on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd.

Crest Nicholson Stock Up 1.4%

CRST stock opened at GBX 71.60 on Friday. Crest Nicholson has a 12-month low of GBX 59.60 and a 12-month high of GBX 192.10. The company has a quick ratio of 0.71, a current ratio of 2.63 and a debt-to-equity ratio of 24.15. The company has a 50 day moving average of GBX 69.97 and a two-hundred day moving average of GBX 110.19. The company has a market cap of £183.82 million, a price-to-earnings ratio of 79.56, a PEG ratio of 0.51 and a beta of 1.33.

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.