Crest Nicholson (LON:CRST) Price Target Increased to GBX 180 by Analysts at JPMorgan Chase & Co.

Crest Nicholson (LON:CRST) had its price target lifted by stock analysts at JPMorgan Chase & Co. from GBX 160 ($2.03) to GBX 180 ($2.28) in a research report issued to clients and investors on Friday, MarketBeat reports. The firm presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 4.61% from the stock’s current price.

Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 237 ($3.00) price objective on shares of Crest Nicholson in a research note on Wednesday, March 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of GBX 222.40 ($2.81).

Crest Nicholson Trading Up 1.3 %

Shares of CRST opened at GBX 188.70 ($2.39) on Friday. The stock’s fifty day simple moving average is GBX 206.85 and its 200-day simple moving average is GBX 196.37. The company has a quick ratio of 0.72, a current ratio of 3.33 and a debt-to-equity ratio of 12.16. The firm has a market capitalization of £484.81 million, a PE ratio of 2,695.71, a price-to-earnings-growth ratio of 0.51 and a beta of 1.96. Crest Nicholson has a 12-month low of GBX 152.70 ($1.93) and a 12-month high of GBX 276.80 ($3.50).

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.