Crest Nicholson Holdings plc (LON:CRST) Stock Has Consensus Price Target of GBX 99 According to Brokerages

Crest Nicholson Holdings plc (LON:CRST) has been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 99.

Several brokerages have recently weighed in on CRST. Royal Bank Of Canada cut shares of Crest Nicholson to an “outperform” rating and set a GBX 95 price target on the stock. in a research note on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft reduced their price objective on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating for the company in a research note on Tuesday, September 8th. Jefferies Financial Group reduced their price objective on Crest Nicholson from GBX 107 to GBX 80 and set a “buy” rating for the company in a research note on Monday, September 28th. Finally, Berenberg Bank decreased their target price on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating on the stock in a report on Friday, September 4th.

Crest Nicholson Stock Performance

Shares of LON CRST opened at GBX 60.70 on Monday. The firm has a 50 day moving average of GBX 61.96 and a 200 day moving average of GBX 70.60. The company has a current ratio of 2.24, a quick ratio of 0.71 and a debt-to-equity ratio of 35.57. The firm has a market capitalization of £155.86 million, a price-to-earnings ratio of 7.23, a price-to-earnings-growth ratio of 0.51 and a beta of 1.32. Crest Nicholson has a 12-month low of GBX 53 and a 12-month high of GBX 176.20.

Crest Nicholson (LON:CRST) last announced its earnings results on Thursday, July 16th. The company reported GBX (10.10) EPS 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 anticipate that Crest Nicholson will post 9.10 earnings per share for the current year.

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.