Crest Nicholson Holdings plc (LON:CRST) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts have a consensus “Hold” rating on Crest Nicholson, with four holds and three buys among seven analysts. The average 12-month price target is GBX 102.86.
• Recent analyst actions were mixed but generally cautious: price targets were cut by Deutsche Bank, Berenberg and JPMorgan, while Jefferies maintained a buy rating with a GBX 107 target.
• Crest Nicholson shares were trading at GBX 58.80, near their one-year low of GBX 53, while the company reported a quarterly loss of GBX 10.10 per share and negative net margins and return on equity.

Shares of Crest Nicholson Holdings plc (LON:CRST - Get Free Report) have received an average rating of "Hold" from the seven analysts that are presently covering the stock, 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 12 month target price among analysts that have issued a report on the stock in the last year is GBX 102.86.

Several analysts have commented on CRST shares. Royal Bank Of Canada cut shares of Crest Nicholson to an "outperform" rating and set a GBX 95 price target on the stock. in a research note on Thursday, September 3rd. Jefferies Financial Group restated a "buy" rating and set a GBX 107 price objective on shares of Crest Nicholson in a research report on Friday, September 4th. Deutsche Bank Aktiengesellschaft reduced their target price on Crest Nicholson from GBX 79 to GBX 65 and set a "hold" rating on the stock in a report on Tuesday, September 8th. Berenberg Bank decreased their target price on Crest Nicholson from GBX 70 to GBX 58 and set a "hold" rating on the stock in a research report on Friday, September 4th. Finally, JPMorgan Chase & Co. dropped their price target on Crest Nicholson from GBX 160 to GBX 80 and set a "neutral" rating for the company in a research note on Tuesday, June 16th.

Crest Nicholson Trading Up 0.5%

Crest Nicholson stock opened at GBX 58.80 on Thursday. The stock has a market cap of £150.98 million, a P/E ratio of 7.00, a PEG ratio of 0.51 and a beta of 1.32. The company has a debt-to-equity ratio of 35.57, a current ratio of 2.24 and a quick ratio of 0.71. Crest Nicholson has a 1 year low of GBX 53 and a 1 year high of GBX 176.20. The firm's 50 day moving average price is GBX 63.99 and its 200-day moving average price is GBX 79.30.

Crest Nicholson (LON:CRST - Get Free Report) last issued its earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share for the quarter. Crest Nicholson had a negative return on equity of 4.32% and a negative net margin of 5.44%. On average, equities analysts predict that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal 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.

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