Insider Buying: Crest Nicholson (LON:CRST) Insider Buys £150 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd purchased 120 shares of the stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average cost of GBX 125 per share, for a total transaction of £150.

William Floydd also recently made the following trade(s):

• On Tuesday, February 10th, William Floydd acquired 130 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 153 per share, with a total value of £198.90.
• On Monday, January 12th, William Floydd acquired 106 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 142 per share, with a total value of £150.52.

Crest Nicholson Stock Down 4.5%

Crest Nicholson stock opened at GBX 118.60 on Friday. The firm has a 50 day simple moving average of GBX 146.02 and a 200 day simple moving average of GBX 150.27. The company has a current ratio of 2.63, a quick ratio of 0.72 and a debt-to-equity ratio of 24.15. Crest Nicholson Holdings plc has a 1-year low of GBX 118.10 and a 1-year high of GBX 198.50. The firm has a market capitalization of £304.38 million, a price-to-earnings ratio of 131.78, a P/E/G ratio of 0.51 and a beta of 1.42.

Crest Nicholson (LON:CRST) last posted its earnings results on Thursday, January 29th. The company reported GBX 7.80 earnings per share (EPS) for the quarter. Crest Nicholson had a return on equity of 0.30% and a net margin of 0.36%. On average, analysts predict that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have commented on CRST. Peel Hunt restated an “add” rating and issued a GBX 190 target price on shares of Crest Nicholson in a research note on Tuesday, November 18th. JPMorgan Chase & Co. lowered their price target on shares of Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating on the stock in a report on Thursday, December 4th. Royal Bank Of Canada raised their price objective on shares of Crest Nicholson from GBX 205 to GBX 215 and gave the company an “outperform” rating in a research report on Monday, February 2nd. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 230 price objective on shares of Crest Nicholson in a research note on Thursday, February 5th. Finally, Berenberg Bank decreased their target price on shares of Crest Nicholson from GBX 195 to GBX 180 and set a “hold” rating on the stock in a report on Tuesday, November 18th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 195.

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.