Peel Hunt Reaffirms “Hold” Rating for Crest Nicholson (LON:CRST)

Peel Hunt restated their hold rating on shares of Crest Nicholson (LON:CRST) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

CRST has been the subject of a number of other research reports. Shore Capital reiterated a house stock rating on shares of in a report on Thursday, June 20th. Numis Securities reiterated a buy rating and set a GBX 2,800 ($36.59) price objective on shares of in a report on Thursday, June 13th. HSBC reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Tuesday, March 26th. Jefferies Financial Group upgraded shares of SALVATORE FERRA/ADR from an underperform rating to a hold rating in a report on Tuesday, June 25th. Finally, Canaccord Genuity lifted their price objective on shares of from GBX 365 ($4.77) to GBX 370 ($4.83) and gave the company a hold rating in a report on Wednesday, June 12th. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Crest Nicholson has a consensus rating of Hold and a consensus price target of GBX 399.42 ($5.22).

Crest Nicholson stock opened at GBX 365.20 ($4.77) on Tuesday. The business has a 50-day moving average price of GBX 357.75. The company has a market cap of $938.28 million and a price-to-earnings ratio of 6.89. The company has a quick ratio of 0.88, a current ratio of 4.16 and a debt-to-equity ratio of 29.47. Crest Nicholson has a 12-month low of GBX 275 ($3.59) and a 12-month high of GBX 410.80 ($5.37).

The firm also recently declared a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 19th will be issued a GBX 11.20 ($0.15) dividend. The ex-dividend date is Thursday, September 19th. This represents a dividend yield of 3.14%. Crest Nicholson’s dividend payout ratio is currently 0.62%.

In other Crest Nicholson news, insider Octavia Morley purchased 5,600 shares of Crest Nicholson stock in a transaction dated Tuesday, June 11th. The stock was acquired at an average price 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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