Crest Nicholson’s (CRST) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Crest Nicholson (LON:CRST) in a research report released on Monday morning, Marketbeat Ratings reports. The firm currently has a GBX 230 target price on the stock.

Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reduced their price objective on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating for the company in a research note on Thursday, December 4th. Berenberg Bank cut their target price on Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a report on Tuesday, November 18th. Finally, Peel Hunt reissued an “add” rating and issued a GBX 190 price target on shares of Crest Nicholson in a research report on Tuesday, November 18th. 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 190.

Crest Nicholson Stock Performance

Shares of CRST opened at GBX 133.90 on Monday. Crest Nicholson has a one year low of GBX 125.71 and a one year high of GBX 198.50. The company has a market cap of £343.26 million, a PE ratio of -4.67, a P/E/G ratio of 0.51 and a beta of 2.00. The stock has a 50-day moving average of GBX 138.48 and a 200-day moving average of GBX 158.58. The company has a debt-to-equity ratio of 12.94, a current ratio of 3.27 and a quick ratio of 0.72.

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.