Crest Nicholson (LON:CRST) Given New GBX 180 Price Target at Berenberg Bank

Crest Nicholson (LON:CRST) had its price objective reduced by Berenberg Bank from GBX 195 to GBX 180 in a research note released on Tuesday, MarketBeat reports. Berenberg Bank currently has a hold rating on the stock.

CRST has been the topic of several other reports. Jefferies Financial Group reduced their target price on Crest Nicholson from GBX 254 to GBX 251 and set a “buy” rating on the stock in a report on Wednesday. Peel Hunt reaffirmed an “add” rating and issued a GBX 190 target price on shares of Crest Nicholson in a report on Tuesday. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 202.75.

Crest Nicholson Stock Performance

CRST stock traded down GBX 7.10 during trading hours on Tuesday, hitting GBX 131.80. 2,122,789 shares of the stock were exchanged, compared to its average volume of 1,412,873. Crest Nicholson has a 12 month low of GBX 131.80 and a 12 month high of GBX 198.50. The company has a current ratio of 3.27, a quick ratio of 0.72 and a debt-to-equity ratio of 12.94. The firm has a market capitalization of £337.87 million, a P/E ratio of -4.59, a P/E/G ratio of 0.51 and a beta of 2.00. The company has a 50-day simple moving average of GBX 162.79 and a two-hundred day simple moving average of GBX 174.19.

Crest Nicholson Company Profile

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.