Shares of Crest Nicholson Holdings PLC (LON:CRST) have received a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 406.90 ($5.32).
A number of equities analysts have recently issued reports on CRST shares. Canaccord Genuity increased their target price on Crest Nicholson from GBX 350 ($4.57) to GBX 365 ($4.77) and gave the stock a “hold” rating in a report on Wednesday, January 30th. Numis Securities cut Crest Nicholson to a “hold” rating and set a GBX 343 ($4.48) target price for the company. in a report on Wednesday, January 30th. Peel Hunt raised Crest Nicholson to a “hold” rating in a report on Monday, May 6th. Liberum Capital increased their target price on Crest Nicholson from GBX 390 ($5.10) to GBX 405 ($5.29) and gave the stock a “buy” rating in a report on Monday, February 4th. Finally, UBS Group reissued a “buy” rating on shares of Crest Nicholson in a report on Friday, May 10th.
In related news, insider Kevin Maguire sold 10,000 shares of the firm’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of GBX 382 ($4.99), for a total transaction of £38,200 ($49,915.07).
Shares of CRST traded up GBX 11.20 ($0.15) during mid-day trading on Thursday, reaching GBX 376.60 ($4.92). The company had a trading volume of 340,922 shares, compared to its average volume of 1,510,000. Crest Nicholson has a twelve month low of GBX 275 ($3.59) and a twelve month high of GBX 450.80 ($5.89). The company has a current ratio of 3.80, a quick ratio of 0.71 and a debt-to-equity ratio of 19.37. The stock has a market cap of $967.04 million and a PE ratio of 6.80.
About Crest Nicholson
Crest Nicholson Holdings plc builds homes in the United Kingdom. It develops apartments, houses, regeneration schemes, and garden villages; and commercial properties. The company serves first-time buyers, families, and investors. Crest Nicholson Holdings plc was founded in 1963 and is headquartered in Chertsey, the United Kingdom.
Recommended Story: How to invest in a bear market
Receive News & Ratings for Crest Nicholson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crest Nicholson and related companies with MarketBeat.com's FREE daily email newsletter.