Crest Nicholson (LON:CRST) Receives Hold Rating from Stifel Nicolaus

Crest Nicholson (LON:CRST)‘s stock had its “hold” rating reiterated by Stifel Nicolaus in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 125 price target on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 75.06% from the company’s previous close.

Several other analysts have also recently weighed in on CRST. Royal Bank Of Canada lifted their price objective 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. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 164 price objective on shares of Crest Nicholson in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 172.33.

Crest Nicholson Stock Performance

Crest Nicholson stock traded down GBX 36.60 during midday trading on Tuesday, hitting GBX 71.40. The company’s stock had a trading volume of 69,663,430 shares, compared to its average volume of 2,715,811. Crest Nicholson has a 1-year low of GBX 59.70 and a 1-year high of GBX 198.50. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.72. The company has a 50-day moving average price of GBX 126.54 and a two-hundred day moving average price of GBX 141.01. The company has a market cap of £183.31 million, a price-to-earnings ratio of 79.34, a PEG ratio of 0.51 and a beta of 1.58.

Crest Nicholson (LON:CRST) last issued 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%. As a group, sell-side analysts predict that Crest Nicholson will post 9.0980939 earnings per share for the current year.

Insider Activity at Crest Nicholson

In other news, insider Martyn Clark sold 46,077 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of GBX 151, for a total value of £69,576.27. Also, insider Gillian Kent bought 9,538 shares of the company’s stock in a transaction dated Monday, March 23rd. The stock was purchased at an average price of GBX 104 per share, with a total value of £9,919.52. Insiders bought a total of 10,312 shares of company stock valued at $1,091,598 over the last 90 days. 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.