Crest Nicholson Holdings plc (LON:CRST) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Six brokerages give Crest Nicholson a consensus rating of Moderate Buy (three buys, three holds) with an average 12‑month price target of GBX 183.33; recent analyst targets range from GBX 125 (Stifel) to GBX 230 (Jefferies), and RBC raised its target to GBX 215.
• Shares opened at GBX 110.60 and were down about 4%, trading well below their 1‑year high of GBX 198.50; the company has a market cap of £283.93m, a P/E of 122.89, and a debt‑to‑equity ratio of 24.15.
• Insider activity includes Gillian Kent buying 9,538 shares at GBX 104 and Martyn Clark selling 46,077 shares at GBX 151, with insiders owning 4.49% of the stock.

Shares of Crest Nicholson Holdings plc (LON:CRST - Get Free Report) have been given a consensus rating of "Moderate Buy" by the six brokerages that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 183.33.

A number of research firms recently commented on CRST. Royal Bank Of Canada lifted their price target on Crest Nicholson from GBX 205 to GBX 215 and gave the stock an "outperform" rating in a research note on Monday, February 2nd. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 230 target price on shares of Crest Nicholson in a report on Thursday, February 5th. Finally, Stifel Nicolaus reiterated a "hold" rating and issued a GBX 125 target price on shares of Crest Nicholson in a research report on Thursday, March 26th.

Crest Nicholson Stock Down 4.0%

Shares of Crest Nicholson stock opened at GBX 110.60 on Monday. The business has a 50-day moving average of GBX 127.45 and a 200-day moving average of GBX 141.41. 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 company has a market capitalization of £283.93 million, a PE ratio of 122.89, a P/E/G ratio of 0.51 and a beta of 1.58. Crest Nicholson has a 1-year low of GBX 96.95 and a 1-year high of GBX 198.50.

Crest Nicholson (LON:CRST - Get Free Report) last announced its earnings results on Thursday, January 29th. The company reported GBX 7.80 earnings per share for the quarter. Crest Nicholson had a return on equity of 0.30% and a net margin of 0.36%. As a group, equities analysts forecast that Crest Nicholson will post 9.0980939 EPS for the current fiscal year.

Insider Buying and Selling at Crest Nicholson

In other Crest Nicholson news, insider Gillian Kent bought 9,538 shares of the stock in a transaction on Monday, March 23rd. The stock was purchased at an average price of GBX 104 per share, for a total transaction of £9,919.52. Also, insider Martyn Clark sold 46,077 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of GBX 151, for a total transaction of £69,576.27. Insiders have purchased 10,312 shares of company stock worth $1,091,598 over the last 90 days. 4.49% of the stock is currently owned by company insiders.

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.

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