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

Shares of Crest Nicholson Holdings plc (LON:CRST) have earned a consensus recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 108.86.

Several research firms recently commented on CRST. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 107 price target on shares of Crest Nicholson in a research note on Wednesday, August 12th. JPMorgan Chase & Co. dropped their target price on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a research note on Tuesday, June 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 95 target price on shares of Crest Nicholson in a research note on Friday, July 17th.

Crest Nicholson Price Performance

Shares of CRST stock opened at GBX 67.80 on Friday. The company has a debt-to-equity ratio of 35.57, a quick ratio of 0.71 and a current ratio of 2.24. The stock has a 50 day moving average price of GBX 68.10 and a 200 day moving average price of GBX 92.50. Crest Nicholson has a 52-week low of GBX 59.60 and a 52-week high of GBX 176.20. The firm has a market capitalization of £174.28 million, a P/E ratio of 8.07, a P/E/G ratio of 0.51 and a beta of 1.32.

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

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.