Crest Nicholson (LON:CRST) Insider Acquires £150.52 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd bought 106 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was purchased at an average price of GBX 142 per share, for a total transaction of £150.52.

Crest Nicholson Stock Down 5.2%

Shares of CRST opened at GBX 131 on Thursday. The company has a debt-to-equity ratio of 12.94, a quick ratio of 0.72 and a current ratio of 3.27. The company has a 50-day simple moving average of GBX 141.44 and a 200-day simple moving average of GBX 160.32. Crest Nicholson Holdings plc has a 52 week low of GBX 125.71 and a 52 week high of GBX 198.50. The firm has a market capitalization of £335.83 million, a P/E ratio of -4.56, a P/E/G ratio of 0.51 and a beta of 2.00.

Wall Street Analysts Forecast Growth

CRST has been the subject of a number of recent analyst reports. Jefferies Financial Group dropped their target price on shares of Crest Nicholson from GBX 254 to GBX 251 and set a “buy” rating for the company in a research report on Wednesday, November 19th. Peel Hunt reaffirmed an “add” rating and set a GBX 190 price objective on shares of Crest Nicholson in a research note on Tuesday, November 18th. Berenberg Bank cut their target price on shares of Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating for the company in a research note on Tuesday, November 18th. Finally, JPMorgan Chase & Co. reduced their target price on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 195.25.

About Crest Nicholson

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.