Crest Nicholson (LON:CRST) Price Target Increased to GBX 180 by Analysts at JPMorgan Chase & Co.

Crest Nicholson (LON:CRST) had its price target lifted by JPMorgan Chase & Co. from GBX 160 ($1.99) to GBX 180 ($2.24) in a research note released on Friday, Marketbeat reports. JPMorgan Chase & Co. currently has an underweight rating on the stock.

Separately, Jefferies Financial Group restated a hold rating and set a GBX 237 ($2.95) target price on shares of Crest Nicholson in a research report on Wednesday, March 20th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of Hold and a consensus target price of GBX 222.40 ($2.77).

Crest Nicholson Stock Up 1.2 %

Shares of Crest Nicholson stock opened at GBX 191 ($2.38) on Friday. The company has a debt-to-equity ratio of 12.16, a quick ratio of 0.72 and a current ratio of 3.33. The stock has a market capitalization of £490.72 million, a PE ratio of 2,728.57, a price-to-earnings-growth ratio of 0.51 and a beta of 1.96. Crest Nicholson has a 52-week low of GBX 152.70 ($1.90) and a 52-week high of GBX 276.80 ($3.45). The company has a 50-day simple moving average of GBX 206.58 and a two-hundred day simple moving average of GBX 196.69.

Crest Nicholson Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Thursday, March 21st will be given a dividend of GBX 11.50 ($0.14) per share. This represents a dividend yield of 5.62%. This is a positive change from Crest Nicholson’s previous dividend of $5.50. The ex-dividend date is Thursday, March 21st. Crest Nicholson’s dividend payout ratio is presently 24,285.71%.

Crest Nicholson Company Profile

Crest Nicholson Holdings plc engages in building residential homes in the United Kingdom. It develops and sells apartments, houses, and commercial properties. The company was founded in 1963 and is headquartered in Addlestone, the United Kingdom.