Crest Nicholson (LON:CRST) Insider Acquires £150.15 in Stock

Key Points

• Martyn Clark, an insider at Crest Nicholson, acquired 91 shares at GBX 165 per share, totaling £150.15, on October 10th.
• The current stock price of Crest Nicholson is GBX 163.30, reflecting a decrease of GBX 2.70, with a market capitalization of £418.62 million.
• Berenberg Bank has reiterated a "hold" rating for Crest Nicholson, setting a target price of GBX 195 as part of a consensus rating of "Hold".

Crest Nicholson Holdings plc (LON:CRST - Get Free Report) insider Martyn Clark acquired 91 shares of the company's stock in a transaction dated Friday, October 10th. The stock was purchased at an average cost of GBX 165 per share, with a total value of £150.15.

Martyn Clark also recently made the following trade(s):

• On Wednesday, September 10th, Martyn Clark purchased 102 shares of Crest Nicholson stock. The shares were acquired at an average cost of GBX 148 per share, with a total value of £150.96.
• On Monday, August 11th, Martyn Clark bought 82 shares of Crest Nicholson stock. The stock was purchased at an average cost of GBX 183 per share, with a total value of £150.06.

Crest Nicholson Stock Performance

CRST traded down GBX 2.70 on Friday, hitting GBX 163.30. 4,393,594 shares of the company traded hands, compared to its average volume of 1,496,873. The company has a quick ratio of 0.72, a current ratio of 3.27 and a debt-to-equity ratio of 12.94. The company has a 50 day moving average of GBX 164.11 and a 200-day moving average of GBX 173.87. Crest Nicholson Holdings plc has a 12-month low of GBX 140.10 and a 12-month high of GBX 198.50. The stock has a market capitalization of £418.62 million, a PE ratio of -568.99, a PEG ratio of 0.51 and a beta of 2.00.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a "hold" rating and issued a GBX 195 target price on shares of Crest Nicholson in a research note on Monday, September 8th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 192.50.

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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