Insider Buying: Crest Nicholson (LON:CRST) Insider Purchases £149.41 in Stock

Crest Nicholson Holdings plc (LON:CRST) insider William Floydd purchased 223 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The stock was bought at an average cost of GBX 67 per share, with a total value of £149.41.

William Floydd also recently made the following trade(s):

• On Monday, October 12th, William Floydd acquired 254 shares of Crest Nicholson stock. The shares were purchased at an average cost of GBX 59 per share, for a total transaction of £149.86.
• On Thursday, September 10th, William Floydd acquired 255 shares of Crest Nicholson stock. The stock was purchased at an average cost of GBX 59 per share, with a total value of £150.45.

Crest Nicholson Stock Performance

Shares of CRST opened at GBX 64.20 on Friday. Crest Nicholson Holdings plc has a 12 month low of GBX 53 and a 12 month high of GBX 173. The company has a current ratio of 2.24, a quick ratio of 0.71 and a debt-to-equity ratio of 35.57. The firm’s fifty day simple moving average is GBX 61.12 and its two-hundred day simple moving average is GBX 84.45. The stock has a market capitalization of £164.85 million, a P/E ratio of 7.64, a price-to-earnings-growth ratio of 0.51 and a beta of 1.30.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CRST shares. Deutsche Bank reduced their target price on shares of Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating for the company in a research note on Tuesday, September 8th. Royal Bank Of Canada cut shares of Crest Nicholson to an “outperform” rating and set a GBX 95 target price on the stock. in a report on Thursday, September 3rd. Jefferies Financial Group restated a “buy” rating and issued a GBX 80 target price on shares of Crest Nicholson in a research note on Wednesday, October 21st. Finally, Berenberg Bank decreased their target price on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a research report on Friday, September 4th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Crest Nicholson currently has an average rating of “Hold” and a consensus target price of GBX 99.

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.