Crest Nicholson Holdings plc (LON:CRST) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• "Moderate Buy" consensus from six analysts (three buy, three hold) with an average 12‑month price target of GBX 183.33 and individual targets ranging roughly from GBX 125 to GBX 230.
• Crest Nicholson is trading near GBX 104.84 (down ~4.7%), well below its 50‑ and 200‑day moving averages and 12‑month high of GBX 198.50, with a market cap of ~£269.1m and a P/E of 116.49.
• Insiders have been active recently—one director sold 46,077 shares at GBX 151 while another bought 9,538 shares at GBX 104—and insiders now own about 4.49% of the company.

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 183.33.

A number of equities research analysts recently weighed in on CRST shares. JPMorgan Chase & Co. reduced their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a "neutral" rating for the company in a research report on Thursday, December 4th. Royal Bank Of Canada raised 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 reiterated a "buy" rating and issued a GBX 230 price objective on shares of Crest Nicholson in a research note on Thursday, February 5th. Finally, Stifel Nicolaus reissued a "hold" rating and issued a GBX 125 price objective on shares of Crest Nicholson in a report on Thursday.

Crest Nicholson Trading Down 4.7%

LON:CRST opened at GBX 104.84 on Thursday. Crest Nicholson has a 12-month low of GBX 96.95 and a 12-month high of GBX 198.50. The firm has a market cap of £269.07 million, a PE ratio of 116.49, a price-to-earnings-growth ratio of 0.51 and a beta of 1.42. The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15. The stock has a fifty day moving average price of GBX 140.76 and a 200 day moving average price of GBX 147.46.

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

Insider Activity

In related news, insider Martyn Clark sold 46,077 shares of Crest Nicholson stock in a transaction on Monday, March 2nd. The shares were sold at an average price of GBX 151, for a total value of £69,576.27. Also, insider Gillian Kent bought 9,538 shares of Crest Nicholson stock in a transaction dated Monday, March 23rd. The stock was purchased at an average price of GBX 104 per share, with a total value of £9,919.52. Insiders have bought 10,250 shares of company stock valued at $1,091,836 in the last quarter. Insiders own 4.49% of the company's stock.

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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