Deutsche Bank Reaffirms Hold Rating for Crest Nicholson (CRST)
A number of other research firms also recently weighed in on CRST. Jefferies Group reaffirmed a buy rating on shares of Crest Nicholson in a report on Monday. J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 590 ($7.94) price objective on shares of Crest Nicholson in a report on Friday, September 29th. Barclays reaffirmed an overweight rating and set a GBX 691 ($9.30) price objective on shares of Crest Nicholson in a report on Monday, September 25th. Peel Hunt raised Crest Nicholson to a buy rating and set a GBX 720 ($9.69) price objective on the stock in a report on Wednesday, September 27th. Finally, Shore Capital reaffirmed a hold rating 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 assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of GBX 656.25 ($8.83).
Shares of Crest Nicholson (LON:CRST) opened at GBX 527.50 ($7.10) on Monday. Crest Nicholson has a 12-month low of GBX 440.60 ($5.93) and a 12-month 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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