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

Crest Nicholson (LON:CRST) had its price objective raised by JPMorgan Chase & Co. from GBX 160 ($1.99) to GBX 180 ($2.24) in a report published on Friday morning, MarketBeat.com reports. JPMorgan Chase & Co. currently has an underweight rating on the stock.

Separately, Jefferies Financial Group restated a hold rating and set a GBX 237 ($2.95) price target on shares of Crest Nicholson in a report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of Hold and an average target price of GBX 222.40 ($2.77).

Crest Nicholson Stock Up 1.2 %

Shares of LON CRST opened at GBX 191 ($2.38) on Friday. The company has a 50 day simple moving average of GBX 206.58 and a 200-day simple moving average of GBX 196.69. The company has a market capitalization of £490.72 million, a P/E ratio of 2,728.57, a P/E/G ratio of 0.51 and a beta of 1.96. The company has a debt-to-equity ratio of 12.16, a current ratio of 3.33 and a quick ratio of 0.72. Crest Nicholson has a 1 year low of GBX 152.70 ($1.90) and a 1 year high of GBX 276.80 ($3.45).

Crest Nicholson Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 23rd. Investors of record on Thursday, March 21st will be issued a GBX 11.50 ($0.14) dividend. This represents a yield of 5.62%. The ex-dividend date is Thursday, March 21st. This is an increase from Crest Nicholson’s previous dividend of $5.50. Crest Nicholson’s dividend payout ratio (DPR) is 24,285.71%.

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.