Crest Nicholson (LON:CRST) Given “Outperform” Rating at Royal Bank Of Canada

Crest Nicholson (LON:CRST)‘s stock had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada in a note issued to investors on Friday,Digital Look reports. They currently have a GBX 95 target price on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 38.76% from the company’s previous close.

Several other analysts have also recently weighed in on CRST. JPMorgan Chase & Co. dropped their price objective on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating for the company in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft cut Crest Nicholson to a “hold” rating and decreased their target price for the company from GBX 228 to GBX 79 in a research note on Wednesday, April 22nd. Berenberg Bank reduced their price target on shares of Crest Nicholson from GBX 160 to GBX 86 and set a “hold” rating for the company in a report on Wednesday, April 22nd. Stifel Nicolaus reiterated a “hold” rating and set a GBX 125 price objective on shares of Crest Nicholson in a report on Tuesday, April 21st. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 112 price target on shares of Crest Nicholson in a research note on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 109.57.

Crest Nicholson Stock Down 1.8%

LON CRST opened at GBX 68.47 on Friday. The stock’s 50 day simple moving average is GBX 70.49 and its 200 day simple moving average is GBX 105.74. The company has a debt-to-equity ratio of 24.15, a current ratio of 2.63 and a quick ratio of 0.71. The firm has a market cap of £175.78 million, a PE ratio of 76.07, a price-to-earnings-growth ratio of 0.51 and a beta of 1.33. Crest Nicholson has a one year low of GBX 59.60 and a one year high of GBX 192.10.

Crest Nicholson (LON:CRST) last released its quarterly earnings results on Thursday, July 16th. The company reported GBX (10.10) earnings per share (EPS) for the quarter. Crest Nicholson had a net margin of 0.36% and a return on equity of 0.30%. As a group, sell-side analysts forecast that Crest Nicholson will post 9.0980939 earnings per share for the current fiscal year.

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.