Peel Hunt reaffirmed their hold rating on shares of Crest Nicholson (LON:CRST) in a research report report published on Wednesday morning, ThisIsMoney.Co.Uk reports.
A number of other research analysts also recently commented on the stock. Berenberg Bank lowered their price objective on shares of Crest Nicholson from GBX 440 ($5.75) to GBX 360 ($4.70) and set a hold rating on the stock in a research report on Monday, January 28th. Liberum Capital lowered their price objective on shares of Crest Nicholson from GBX 400 ($5.23) to GBX 390 ($5.10) and set a buy rating on the stock in a research report on Tuesday, January 29th. UBS Group reaffirmed a buy rating and set a GBX 470 ($6.14) price objective (down from GBX 475 ($6.21)) on shares of Crest Nicholson in a research report on Tuesday, January 29th. Barclays reaffirmed an equal weight rating and set a GBX 359 ($4.69) price objective (down from GBX 366 ($4.78)) on shares of Crest Nicholson in a research report on Wednesday, January 30th. Finally, Numis Securities lowered shares of Crest Nicholson to a hold rating and set a GBX 343 ($4.48) target price on the stock. in a report on Wednesday, January 30th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Crest Nicholson currently has an average rating of Hold and a consensus target price of GBX 408.25 ($5.33).
Shares of LON CRST traded down GBX 3.60 ($0.05) during midday trading on Wednesday, reaching GBX 366 ($4.78). The company’s stock had a trading volume of 182,653 shares, compared to its average volume of 1,510,000. The company has a debt-to-equity ratio of 19.37, a current ratio of 3.80 and a quick ratio of 0.71. Crest Nicholson has a one year low of GBX 275 ($3.59) and a one year high of GBX 496 ($6.48). The company has a market capitalization of $949.07 million and a P/E ratio of 6.61.
In other Crest Nicholson news, insider Kevin Maguire sold 10,000 shares of the stock in a transaction dated Friday, April 5th. The shares were sold at an average price of GBX 382 ($4.99), for a total transaction of £38,200 ($49,915.07).
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.
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