Crest Nicholson’s (CRST) Add Rating Reiterated at Peel Hunt

Crest Nicholson (LON:CRST)‘s stock had its “add” rating reaffirmed by equities researchers at Peel Hunt in a note issued to investors on Tuesday,London Stock Exchange reports. They presently have a GBX 190 price target on the stock. Peel Hunt’s price target points to a potential upside of 36.79% from the company’s previous close.

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 195 price objective on shares of Crest Nicholson in a research note on Monday, September 8th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Crest Nicholson presently has an average rating of “Hold” and an average target price of GBX 191.67.

Crest Nicholson Trading Down 15.0%

LON:CRST traded down GBX 24.50 during mid-day trading on Tuesday, hitting GBX 138.90. 3,324,498 shares of the company’s stock were exchanged, compared to its average volume of 1,409,704. Crest Nicholson has a fifty-two week low of GBX 138.90 and a fifty-two week high of GBX 198.50. The company has a current ratio of 3.27, a quick ratio of 0.72 and a debt-to-equity ratio of 12.94. The firm has a market capitalization of £356.07 million, a P/E ratio of -4.84, a PEG ratio of 0.51 and a beta of 2.00. The company has a 50 day simple moving average of GBX 162.97 and a 200-day simple moving average of GBX 174.54.

About Crest Nicholson

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.