Liberum Capital Reiterates Buy Rating for Crest Nicholson (LON:CRST)

Crest Nicholson (LON:CRST)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

CRST has been the topic of several other reports. Canaccord Genuity upped their target price on shares of from GBX 365 ($4.77) to GBX 370 ($4.83) and gave the company a “hold” rating in a research report on Wednesday, June 12th. Peel Hunt restated a “hold” rating and set a GBX 935 ($12.22) target price (up from GBX 920 ($12.02)) on shares of Antofagasta in a research report on Tuesday. Numis Securities restated a “buy” rating and set a GBX 2,800 ($36.59) target price on shares of in a research report on Thursday, June 13th. UBS Group cut shares of to a “neutral” rating and decreased their target price for the company from GBX 870 ($11.37) to GBX 650 ($8.49) in a research report on Wednesday, June 19th. Finally, Shore Capital restated a “house stock” rating on shares of in a research report on Thursday, June 20th. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 399.42 ($5.22).

Shares of LON CRST traded up GBX 3 ($0.04) during mid-day trading on Tuesday, hitting GBX 355.80 ($4.65). 696,554 shares of the company’s stock traded hands, compared to its average volume of 1,510,000. The business has a 50-day moving average of GBX 357.85. The company has a debt-to-equity ratio of 29.47, a current ratio of 4.16 and a quick ratio of 0.88. The company has a market capitalization of $914.13 million and a P/E ratio of 6.71. Crest Nicholson has a 1 year low of GBX 275 ($3.59) and a 1 year high of GBX 410.80 ($5.37).

In other news, insider Octavia Morley purchased 5,600 shares of the business’s stock in a transaction that occurred on Tuesday, June 11th. The shares were bought at an average cost of GBX 356 ($4.65) per share, for a total transaction of £19,936 ($26,049.92).

About Crest Nicholson

Crest Nicholson Holdings plc 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.

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Analyst Recommendations for Crest Nicholson (LON:CRST)

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