Crest Nicholson Holdings plc (LON:CRST) Given Consensus Rating of “Hold” by Brokerages

Shares of Crest Nicholson Holdings plc (LON:CRST) have been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 308.71 ($4.03).

Several brokerages have issued reports on CRST. UBS Group downgraded shares of Crest Nicholson to a “sell” rating and cut their target price for the company from GBX 320 ($4.18) to GBX 315 ($4.12) in a research note on Thursday, March 18th. Canaccord Genuity restated a “buy” rating and set a GBX 330 ($4.31) price target on shares of Crest Nicholson in a report on Tuesday, January 26th. JPMorgan Chase & Co. boosted their price target on shares of Crest Nicholson from GBX 280 ($3.66) to GBX 320 ($4.18) and gave the company an “underweight” rating in a report on Monday, March 29th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 330 ($4.31) price objective on shares of Crest Nicholson in a report on Monday, February 8th.

Shares of LON:CRST opened at GBX 423.46 ($5.53) on Thursday. The company’s fifty day moving average is GBX 384.12 and its two-hundred day moving average is GBX 313. The company has a quick ratio of 0.91, a current ratio of 3.68 and a debt-to-equity ratio of 12.54. Crest Nicholson has a 12-month low of GBX 160.40 ($2.10) and a 12-month high of GBX 432.60 ($5.65). The company has a market cap of £1.09 billion and a P/E ratio of -101.19.

Crest Nicholson Company Profile

Crest Nicholson Holdings plc builds homes in the United Kingdom. It develops and sells apartments, houses, and regeneration schemes, as well as 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.

Read More: Market Capitalization – What it Means for Investors

Analyst Recommendations for Crest Nicholson (LON:CRST)

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's FREE daily email newsletter.