Crest Nicholson (LON:CRST) Insider Acquires £9,919.52 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider Gillian Kent purchased 9,538 shares of Crest Nicholson stock in a transaction that occurred on Monday, March 23rd. The stock was acquired at an average price of GBX 104 per share, with a total value of £9,919.52.

Crest Nicholson Stock Down 5.4%

Shares of LON:CRST opened at GBX 98.65 on Tuesday. Crest Nicholson Holdings plc has a 1-year low of GBX 97.60 and a 1-year high of GBX 198.50. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.72. The stock has a market cap of £253.18 million, a P/E ratio of 109.61, a P/E/G ratio of 0.51 and a beta of 1.42. The firm has a fifty day moving average price of GBX 141.95 and a 200 day moving average price of GBX 148.08.

Crest Nicholson (LON:CRST) last posted its quarterly earnings data on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a net margin of 0.36% and a return on equity of 0.30%. Sell-side analysts predict that Crest Nicholson Holdings plc will post 9.0980939 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on CRST shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 230 price objective on shares of Crest Nicholson in a research note on Thursday, February 5th. JPMorgan Chase & Co. lowered their target price on Crest Nicholson from GBX 190 to GBX 160 and set a “neutral” rating on the stock in a research note on Thursday, December 4th. Finally, Royal Bank Of Canada boosted their target price on Crest Nicholson from GBX 205 to GBX 215 and gave the company an “outperform” rating in a report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 195.

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.