Crest Nicholson Holdings plc (LON:CRST) Receives Average Recommendation of “Hold” from Brokerages

Shares of Crest Nicholson Holdings plc (LON:CRST) have been given an average rating of “Hold” by the seven research firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 108.86.

Several research firms recently weighed in on CRST. Jefferies Financial Group restated a “buy” rating and issued a GBX 107 price objective on shares of Crest Nicholson in a research report on Wednesday, August 12th. JPMorgan Chase & Co. dropped their target price on shares of Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a research report on Tuesday, June 16th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 95 price target on shares of Crest Nicholson in a research note on Friday, July 17th.

Crest Nicholson Price Performance

Crest Nicholson stock opened at GBX 64.10 on Friday. The stock has a market cap of £164.77 million, a price-to-earnings ratio of 7.63, a PEG ratio of 0.51 and a beta of 1.32. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 35.57. The business has a 50-day simple moving average of GBX 67.46 and a 200 day simple moving average of GBX 89.23. Crest Nicholson has a 52 week low of GBX 59.60 and a 52 week high of GBX 176.20.

Crest Nicholson (LON:CRST) last released its quarterly earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. On average, research analysts forecast that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal year.

Crest Nicholson Company Profile

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.