Insider Buying: Crest Nicholson (LON:CRST) Insider Purchases 221 Shares of Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd acquired 221 shares of the stock in a transaction dated Wednesday, June 10th. The stock was acquired at an average cost of GBX 68 per share, with a total value of £150.28.

William Floydd also recently made the following trade(s):

• On Friday, April 10th, William Floydd bought 137 shares of Crest Nicholson stock. The shares were acquired at an average cost of GBX 109 per share, for a total transaction of £149.33.

Crest Nicholson Stock Down 1.5%

Crest Nicholson stock traded down GBX 1.10 during midday trading on Wednesday, reaching GBX 70.90. The company’s stock had a trading volume of 5,394,413 shares, compared to its average volume of 5,145,795. 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 stock has a market capitalization of £182.03 million, a P/E ratio of 78.78, a PEG ratio of 0.51 and a beta of 1.34. The stock’s 50-day simple moving average is GBX 80.40 and its 200-day simple moving average is GBX 117.95. Crest Nicholson Holdings plc has a 52-week low of GBX 59.60 and a 52-week high of GBX 197.60.

Wall Street Analyst Weigh In

Several research firms have recently commented on CRST. Stifel Nicolaus reiterated a “hold” rating and set a GBX 125 price objective on shares of Crest Nicholson in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft cut Crest Nicholson to a “hold” rating and lowered their price target for the stock from GBX 228 to GBX 79 in a research report on Wednesday, April 22nd. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 112 target price on shares of Crest Nicholson in a research report on Tuesday, May 5th. Berenberg Bank cut their price target on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a research report on Wednesday, April 22nd. Finally, Royal Bank Of Canada lowered shares of Crest Nicholson to an “outperform” rating and cut their target price for the company from GBX 155 to GBX 95 in a report on Wednesday, April 22nd. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 121.

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.