Crest Nicholson Holdings plc (LON:CRST) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Crest Nicholson Holdings plc (LON:CRST) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 183.33.

CRST has been the subject of several recent analyst reports. Royal Bank Of Canada lifted their target price on shares of Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. JPMorgan Chase & Co. decreased their price objective on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 230 price objective on shares of Crest Nicholson in a research report on Thursday, February 5th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a GBX 125 target price on shares of Crest Nicholson in a research note on Thursday.

Crest Nicholson Price Performance

LON:CRST opened at GBX 104.84 on Thursday. Crest Nicholson has a 12-month low of GBX 96.95 and a 12-month high of GBX 198.50. The firm has a market cap of £269.07 million, a price-to-earnings ratio of 116.49, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. The company’s 50-day moving average is GBX 140.76 and its two-hundred day moving average is GBX 147.46. The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15.

Crest Nicholson (LON:CRST) last posted its quarterly earnings data on Thursday, January 29th. The company reported GBX 7.80 earnings per share for the quarter. Crest Nicholson had a net margin of 0.36% and a return on equity of 0.30%. Research analysts expect that Crest Nicholson will post 9.0980939 EPS for the current year.

Insider Transactions at Crest Nicholson

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