JPMorgan Chase & Co. Reiterates Overweight Rating for Crest Nicholson Holdings PLC (CRST)
Crest Nicholson Holdings PLC (LON:CRST)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a research note issued on Wednesday. They currently have a GBX 550 ($6.87) price objective on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 21.57% from the company’s previous close.
Several other equities analysts have also recently weighed in on CRST. Deutsche Bank AG cut their price target on Crest Nicholson Holdings PLC from GBX 542 ($6.77) to GBX 514 ($6.42) and set a “hold” rating for the company in a report on Tuesday, July 26th. Canaccord Genuity restated a “buy” rating and set a GBX 450 ($5.62) price target on shares of Crest Nicholson Holdings PLC in a report on Tuesday, October 4th. Finally, Peel Hunt restated a “buy” rating and set a GBX 700 ($8.75) price target on shares of Crest Nicholson Holdings PLC in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 574.67 ($7.18).
Crest Nicholson Holdings PLC (LON:CRST) opened at 459.30 on Wednesday. The company’s 50 day moving average price is GBX 428.52 and its 200-day moving average price is GBX 465.49. Crest Nicholson Holdings PLC has a one year low of GBX 323.90 and a one year high of GBX 607.50. The company’s market cap is GBX 1.16 billion.
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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