Insider Buying: Crest Nicholson (LON:CRST) Insider Purchases 221 Shares of Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd purchased 221 shares of Crest Nicholson stock in a transaction dated Wednesday, June 10th. The shares were purchased at an average price of GBX 68 per share, with a total value of £150.28.

William Floydd also recently made the following trade(s):

• On Friday, April 10th, William Floydd bought 137 shares of Crest Nicholson stock. The stock was acquired at an average cost of GBX 109 per share, with a total value of £149.33.

Crest Nicholson Price Performance

CRST stock traded down GBX 1.10 during trading on Wednesday, hitting GBX 70.90. 5,394,413 shares of the company’s stock traded hands, compared to its average volume of 5,145,795. The business has a fifty day simple moving average of GBX 80.40 and a 200 day simple moving average of GBX 117.95. The stock has a market capitalization of £182.03 million, a price-to-earnings ratio of 78.78, a P/E/G ratio of 0.51 and a beta of 1.34. The company has a debt-to-equity ratio of 24.15, a quick ratio of 0.72 and a current ratio of 2.63. Crest Nicholson Holdings plc has a 52 week low of GBX 59.60 and a 52 week high of GBX 197.60.

Analysts Set New Price Targets

CRST has been the topic of a number of research reports. Jefferies Financial Group reissued 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 restated a “hold” rating and set a GBX 125 target price on shares of Crest Nicholson in a report on Tuesday, April 21st. Berenberg Bank cut their price target on Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating on the stock in a report on Wednesday, April 22nd. Royal Bank Of Canada lowered Crest Nicholson to an “outperform” rating and reduced their price target for the stock from GBX 155 to GBX 95 in a research report on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft downgraded Crest Nicholson to a “hold” rating and dropped their price objective for the company from GBX 228 to GBX 79 in a research report on Wednesday, April 22nd. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target 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.