Crest Nicholson (LON:CRST - Free Report) had its price objective upped by JPMorgan Chase & Co. from GBX 160 ($2.03) to GBX 180 ($2.28) in a research report released on Friday, Marketbeat Ratings reports. JPMorgan Chase & Co. currently has an underweight rating on the stock.
Separately, Jefferies Financial Group restated a hold rating and issued a GBX 237 ($3.00) price target on shares of Crest Nicholson in a research note on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of Hold and a consensus price target of GBX 222.40 ($2.81).
Check Out Our Latest Research Report on CRST
Crest Nicholson Stock Up 1.3 %
Shares of LON:CRST traded up GBX 2.50 ($0.03) during trading on Friday, reaching GBX 188.70 ($2.39). 739,069 shares of the stock traded hands, compared to its average volume of 1,092,693. The stock has a market cap of £484.81 million, a P/E ratio of 2,695.71, a price-to-earnings-growth ratio of 0.51 and a beta of 1.96. The company has a debt-to-equity ratio of 12.16, a quick ratio of 0.72 and a current ratio of 3.33. The stock has a 50-day moving average of GBX 207.25 and a two-hundred day moving average of GBX 196.35. Crest Nicholson has a 52-week low of GBX 152.70 ($1.93) and a 52-week high of GBX 276.80 ($3.50).
Crest Nicholson Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Thursday, March 21st will be given a GBX 11.50 ($0.15) dividend. This represents a yield of 5.62%. This is a boost from Crest Nicholson's previous dividend of $5.50. The ex-dividend date is Thursday, March 21st. Crest Nicholson's dividend payout ratio (DPR) is presently 24,285.71%.
About Crest Nicholson
(
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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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