Crest Nicholson's (CRST) "Hold" Rating Reaffirmed at Berenberg Bank

Key Points

• Berenberg Bank has reaffirmed a "hold" rating for Crest Nicholson with a price target of GBX 195, indicating a potential upside of 30.78% from the stock's previous close.
• Crest Nicholson's stock recently traded at GBX 149.10 and has a market capitalization of £382.21 million, with a twelve-month low of GBX 140.10 and a high of GBX 200.20.
• The company reported a negative net margin of 4.21% and a negative return on equity of 3.47% for the recent quarter.

Crest Nicholson (LON:CRST - Get Free Report)'s stock had its "hold" rating reissued by equities research analysts at Berenberg Bank in a research note issued to investors on Monday, Marketbeat reports. They presently have a GBX 195 price target on the stock. Berenberg Bank's target price indicates a potential upside of 27.52% from the stock's current price.

Crest Nicholson Stock Up 0.1%

LON:CRST traded up GBX 0.12 during trading hours on Monday, reaching GBX 152.92. 690,855 shares of the stock were exchanged, compared to its average volume of 1,540,716. Crest Nicholson has a twelve month low of GBX 140.10 and a twelve month high of GBX 200.20. The company has a debt-to-equity ratio of 12.94, a current ratio of 3.27 and a quick ratio of 0.72. The firm has a 50 day moving average of GBX 174.05 and a 200 day moving average of GBX 173.03. The stock has a market cap of £392.00 million, a PE ratio of -532.81, a PEG ratio of 0.51 and a beta of 2.00.

Crest Nicholson (LON:CRST - Get Free Report) last released its quarterly earnings results on Thursday, June 12th. The company reported GBX 2.20 earnings per share for the quarter. Crest Nicholson had a negative return on equity of 3.47% and a negative net margin of 4.21%. On average, equities analysts expect that Crest Nicholson will post 9.0980939 earnings per share 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.