Crest Nicholson Holdings plc (LON:CRST) Receives Consensus Rating of “Hold” from Analysts

Shares of Crest Nicholson Holdings plc (LON:CRST) have been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 109.57.

A number of research analysts have weighed in on the stock. Stifel Nicolaus reissued a “hold” rating and set a GBX 125 target price on shares of Crest Nicholson in a research report on Tuesday, April 21st. JPMorgan Chase & Co. dropped their price objective on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. Jefferies Financial Group reissued a “buy” rating and set a GBX 112 price objective on shares of Crest Nicholson in a research report on Tuesday, May 5th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 95 target price on shares of Crest Nicholson in a research note on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft downgraded Crest Nicholson to a “hold” rating and decreased their target price for the company from GBX 228 to GBX 79 in a research note on Wednesday, April 22nd.

Crest Nicholson Trading Down 0.1%

LON:CRST opened at GBX 62.55 on Wednesday. The company’s 50 day moving average is GBX 69.41 and its 200-day moving average is GBX 101.32. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 35.57. Crest Nicholson has a 12 month low of GBX 59.60 and a 12 month high of GBX 188.80. The firm has a market cap of £160.59 million, a price-to-earnings ratio of 69.50, a P/E/G ratio of 0.51 and a beta of 1.33.

Crest Nicholson (LON:CRST) last posted its earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share (EPS) for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. Equities analysts anticipate that Crest Nicholson will post 9.0980939 EPS for the current year.

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.