Crest Nicholson Holdings PLC (CRST) Rating Reiterated by Deutsche Bank AG
Crest Nicholson Holdings PLC (LON:CRST)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank AG in a report issued on Monday. They presently have a GBX 514 ($6.71) price objective on the stock. Deutsche Bank AG’s target price suggests a potential upside of 12.73% from the company’s previous close.
A number of other equities analysts also recently weighed in on CRST. Shore Capital restated a “buy” rating on shares of Crest Nicholson Holdings PLC in a research note on Tuesday, June 14th. JPMorgan Chase & Co. cut their target price on Crest Nicholson Holdings PLC from GBX 700 ($9.14) to GBX 550 ($7.18) and set an “overweight” rating on the stock in a research note on Monday, August 15th. Peel Hunt restated a “buy” rating and issued a GBX 700 ($9.14) target price on shares of Crest Nicholson Holdings PLC in a research note on Tuesday, June 14th. Beaufort Securities upgraded Crest Nicholson Holdings PLC to a “buy” rating in a research note on Wednesday, June 15th. Finally, Goldman Sachs Group Inc. reiterated a “conviction-buy” rating and issued a GBX 755 ($9.86) price objective on shares of Crest Nicholson Holdings PLC in a research note on Wednesday, June 15th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 572.69 ($7.48).
Shares of Crest Nicholson Holdings PLC (LON:CRST) traded up 0.69% during midday trading on Monday, hitting GBX 454.40. The company’s stock had a trading volume of 573,623 shares. The company has a 50-day moving average price of GBX 461.23 and a 200 day moving average price of GBX 489.57. The company’s market cap is GBX 1.15 billion. Crest Nicholson Holdings PLC has a 1-year low of GBX 323.90 and a 1-year high of GBX 607.50.
In other news, insider Alexander,Pam purchased 4,777 shares of the firm’s stock in a transaction dated Tuesday, July 19th. The shares were purchased at an average price of GBX 419 ($5.47) per share, with a total value of £20,015.63 ($26,126.65).
About Crest Nicholson Holdings PLC
Crest Nicholson Holdings plc is a residential developer, which designs sustainable communities. The Company delivers schemes of varying size and scale, from small housing-led residential developments to larger urban regeneration schemes and Garden Villages. Its product portfolio ranges from homes for first-time buyers through to large family homes, and includes a mix of houses, apartments and commercial facilities.
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