Crest Nicholson’s (CRST) “Overweight” Rating Reiterated at Barclays
Several other analysts have also issued reports on CRST. Deutsche Bank restated a hold rating and issued a GBX 593 ($7.98) price objective on shares of Crest Nicholson in a report on Monday. Jefferies Group restated a buy rating on shares of Crest Nicholson in a report on Monday. Peel Hunt reduced their price objective on shares of Crest Nicholson from GBX 720 ($9.69) to GBX 680 ($9.15) and set a buy rating on the stock in a report on Wednesday, November 15th. Shore Capital restated a hold rating on shares of Crest Nicholson in a report on Wednesday, November 15th. Finally, J P Morgan Chase & Co restated a neutral rating and issued a GBX 550 ($7.40) price objective (down from GBX 590 ($7.94)) on shares of Crest Nicholson in a report on Wednesday, November 15th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of Buy and an average target price of GBX 656.25 ($8.83).
Crest Nicholson (LON CRST) opened at GBX 527.50 ($7.10) on Monday. Crest Nicholson has a fifty-two week low of GBX 440.60 ($5.93) and a fifty-two week high of GBX 648.50 ($8.73).
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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