Crest Nicholson (LON:CRST) Insider Acquires £150.38 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider Martyn Clark purchased 206 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of GBX 73 per share, with a total value of £150.38.

Martyn Clark also recently made the following trade(s):

• On Friday, April 10th, Martyn Clark bought 137 shares of Crest Nicholson stock. The shares were acquired at an average price of GBX 109 per share, for a total transaction of £149.33.
• On Tuesday, March 10th, Martyn Clark purchased 120 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 125 per share, with a total value of £150.
• On Monday, March 2nd, Martyn Clark sold 46,077 shares of Crest Nicholson stock. The stock was sold at an average price of GBX 151, for a total transaction of £69,576.27.

Crest Nicholson Price Performance

Shares of CRST stock traded down GBX 2.60 during midday trading on Tuesday, reaching GBX 71.10. 17,451,883 shares of the company traded hands, compared to its average volume of 5,167,156. The firm’s 50 day simple moving average is GBX 101.85 and its two-hundred day simple moving average is GBX 131.93. The firm has a market cap of £182.53 million, a PE ratio of 79.00, a price-to-earnings-growth ratio of 0.51 and a beta of 1.35. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.72. Crest Nicholson Holdings plc has a 1-year low of GBX 59.60 and a 1-year high of GBX 197.60.

Analyst Ratings Changes

CRST has been the topic of a number of research analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 112 target price on shares of Crest Nicholson in a research report on Tuesday, May 5th. Stifel Nicolaus reaffirmed a “hold” rating and set a GBX 125 price target on shares of Crest Nicholson in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft lowered shares of Crest Nicholson to a “hold” rating and decreased their price objective for the stock from GBX 228 to GBX 79 in a research report on Wednesday, April 22nd. Berenberg Bank lowered their price objective on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Finally, Royal Bank Of Canada downgraded shares of Crest Nicholson to an “outperform” rating and dropped their target price for the company from GBX 155 to GBX 95 in a report on Wednesday, April 22nd. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 121.

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.