Crest Nicholson’s (CRST) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of Crest Nicholson (LON:CRST) in a research report sent to investors on Wednesday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 107 price objective on the stock.

A number of other equities analysts have also recently commented on CRST. Berenberg Bank reduced their target price on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 125 price target on shares of Crest Nicholson in a research note on Tuesday, April 21st. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 95 price target on shares of Crest Nicholson in a research report on Friday, July 17th. 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 note on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft lowered Crest Nicholson to a “hold” rating and decreased their price objective for the company from GBX 228 to GBX 79 in a report on Wednesday, April 22nd. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 108.86.

Crest Nicholson Stock Up 0.6%

CRST stock opened at GBX 71.70 on Wednesday. Crest Nicholson has a 52 week low of GBX 59.60 and a 52 week high of GBX 182.90. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 35.57. The firm has a 50-day simple moving average of GBX 68.23 and a 200-day simple moving average of GBX 95.06. The stock has a market capitalization of £184.31 million, a P/E ratio of 8.54, a P/E/G ratio of 0.51 and a beta of 1.33.

Crest Nicholson (LON:CRST) last issued its quarterly earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share for the quarter. Crest Nicholson had a negative net margin of 5.44% and a negative return on equity of 4.32%. Equities analysts forecast that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal year.

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.