Canaccord Genuity Reiterates “Buy” Rating for Crest Nicholson Holdings PLC (CRST)
Crest Nicholson Holdings PLC (LON:CRST)‘s stock had its “buy” rating reiterated by Canaccord Genuity in a report released on Tuesday. They presently have a GBX 450 ($5.87) price target on the stock. Canaccord Genuity’s price objective points to a potential downside of 0.97% from the company’s current price.
Several other analysts have also weighed in on CRST. Deutsche Bank AG reissued a “hold” rating and issued a GBX 542 ($7.07) target price on shares of Crest Nicholson Holdings PLC in a report on Tuesday, June 14th. Shore Capital reaffirmed a “buy” rating on shares of Crest Nicholson Holdings PLC in a research note on Tuesday, June 14th. Peel Hunt reaffirmed a “buy” rating and set a GBX 700 ($9.14) price objective on shares of Crest Nicholson Holdings PLC in a research note on Tuesday, June 14th. JPMorgan Chase & Co. decreased their price objective on Crest Nicholson Holdings PLC from GBX 700 ($9.14) to GBX 550 ($7.18) and set an “overweight” rating on the stock in a research note on Monday, August 15th. Finally, Beaufort Securities raised Crest Nicholson Holdings PLC to a “buy” rating in a research note on Wednesday, June 15th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Crest Nicholson Holdings PLC currently has an average rating of “Buy” and an average price target of GBX 560.47 ($7.32).
Crest Nicholson Holdings PLC (LON:CRST) opened at 471.40 on Tuesday. The firm’s market capitalization is GBX 1.19 billion. The firm has a 50-day moving average price of GBX 462.48 and a 200 day moving average price of GBX 488.31. Crest Nicholson Holdings PLC has a 52-week low of GBX 323.90 and a 52-week high of GBX 607.50.
In other Crest Nicholson Holdings PLC news, insider Alexander,Pam bought 4,777 shares of Crest Nicholson Holdings PLC stock in a transaction that occurred on Tuesday, July 19th. The shares were purchased at an average cost of GBX 419 ($5.47) per share, for a total transaction of £20,015.63 ($26,126.65).
About Crest Nicholson Holdings PLC
Crest Nicholson Holdings plc is a residential developer, which designs sustainable communities. The Company delivers schemes of varying size and scale, from small housing-led residential developments to larger urban regeneration schemes and Garden Villages. Its product portfolio ranges from homes for first-time buyers through to large family homes, and includes a mix of houses, apartments and commercial facilities.
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