Crest Nicholson (LON:CRST) Insider Buys £150.48 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd acquired 228 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The shares were purchased at an average cost of GBX 66 per share, with a total value of £150.48.

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

• On Wednesday, June 10th, William Floydd bought 221 shares of Crest Nicholson stock. The stock was purchased at an average price of GBX 68 per share, for a total transaction of £150.28.

Crest Nicholson Stock Performance

Crest Nicholson stock traded up GBX 0.20 on Friday, reaching GBX 66.30. 1,882,366 shares of the stock were exchanged, compared to its average volume of 5,441,198. The stock has a market cap of £170.22 million, a PE ratio of 73.67, a PEG ratio of 0.51 and a beta of 1.33. The company has a current ratio of 2.63, a quick ratio of 0.71 and a debt-to-equity ratio of 24.15. Crest Nicholson Holdings plc has a twelve month low of GBX 59.60 and a twelve month high of GBX 192.10. The firm has a fifty day moving average price of GBX 70.36 and a two-hundred day moving average price of GBX 108.20.

Analysts Set New Price Targets

Several analysts recently weighed in on CRST shares. Deutsche Bank Aktiengesellschaft downgraded Crest Nicholson to a “hold” rating and decreased their target price for the company from GBX 228 to GBX 79 in a research note on Wednesday, April 22nd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 112 price target on shares of Crest Nicholson in a research report on Tuesday, May 5th. JPMorgan Chase & Co. reduced their price objective on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a research report on Tuesday, June 16th. Berenberg Bank lowered their price objective on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 95 target price on shares of Crest Nicholson in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 109.57.

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.