Crest Nicholson (LON:CRST) had its price objective reduced by Peel Hunt from GBX 520 ($6.79) to GBX 330 ($4.31) in a note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. Peel Hunt’s price objective suggests a potential upside of 8.84% from the company’s previous close.
Several other analysts have also issued reports on CRST. Liberum Capital initiated coverage on shares of Crest Nicholson in a research note on Thursday, June 21st. They issued a “buy” rating and a GBX 528 ($6.90) target price for the company. Berenberg Bank initiated coverage on shares of Crest Nicholson in a research note on Wednesday, July 25th. They issued a “hold” rating and a GBX 440 ($5.75) target price for the company. Deutsche Bank reiterated a “hold” rating on shares of Crest Nicholson in a research note on Friday, August 17th. Finally, Barclays reiterated an “equal weight” rating and issued a GBX 438 ($5.72) target price (down previously from GBX 540 ($7.06)) on shares of Crest Nicholson in a research note on Wednesday, September 12th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 462.83 ($6.05).
LON CRST opened at GBX 303.20 ($3.96) on Wednesday. Crest Nicholson has a 1 year low of GBX 466.81 ($6.10) and a 1 year high of GBX 648.50 ($8.47).
Crest Nicholson Holdings plc engages in builds homes in the United Kingdom. It develops apartments, houses, regeneration schemes, and garden villages; and commercial properties. The company serves first-time buyers, families, and investors. Crest Nicholson Holdings plc was founded in 1963 and is headquartered in Chertsey, the United Kingdom.
Featured Story: What are the reasons investors use put options?
Receive News & Ratings for Crest Nicholson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crest Nicholson and related companies with MarketBeat.com's FREE daily email newsletter.