Crest Nicholson (CRST) PT Lowered to GBX 593
Crest Nicholson (LON:CRST) had its price target decreased by Deutsche Bank from GBX 649 ($8.69) to GBX 593 ($7.94) in a research note published on Thursday morning. Deutsche Bank currently has a hold rating on the stock.
CRST has been the subject of several other research reports. Barclays reaffirmed an overweight rating and set a GBX 691 ($9.25) price objective on shares of Crest Nicholson in a research report on Monday, September 25th. Shore Capital reaffirmed a hold rating on shares of Crest Nicholson in a research report on Wednesday, November 15th. Peel Hunt reduced their price objective on shares of Crest Nicholson from GBX 720 ($9.64) to GBX 680 ($9.11) and set a buy rating for the company in a research report on Wednesday, November 15th. Finally, J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 550 ($7.37) price objective (down previously from GBX 590 ($7.90)) on shares of Crest Nicholson in a research report on Wednesday, November 15th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of Buy and an average target price of GBX 659.88 ($8.84).
Shares of Crest Nicholson (CRST) opened at GBX 510.50 ($6.84) on Thursday. Crest Nicholson has a 52-week low of GBX 434.50 ($5.82) and a 52-week high of GBX 648.50 ($8.68).
Crest Nicholson Holdings plc is a United Kingdom-based residential developer operating in the Southern half of England. The Company’s product range varies from homes for first time buyers to large family homes, and includes a mixture of houses, apartments and supporting commercial premises as part of its developments.
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