Crest Nicholson’s (CRST) Buy Rating Reiterated at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Crest Nicholson (LON:CRST) in a research report sent to investors on Wednesday, Digital Look reports. Liberum Capital currently has a GBX 405 ($5.29) price target on the stock.

Other research analysts have also recently issued research reports about the stock. UBS Group reiterated a buy rating on shares of Crest Nicholson in a research note on Friday, May 10th. HSBC lifted their price target on shares of Crest Nicholson from GBX 460 ($6.01) to GBX 510 ($6.66) and gave the stock a buy rating in a research note on Tuesday, March 26th. Barclays reiterated an equal weight rating and set a GBX 359 ($4.69) price target (down previously from GBX 366 ($4.78)) on shares of Crest Nicholson in a research note on Wednesday, January 30th. Peel Hunt upgraded shares of Crest Nicholson to a hold rating in a research note on Monday, May 6th. Finally, Berenberg Bank dropped their price target on shares of Crest Nicholson from GBX 440 ($5.75) to GBX 360 ($4.70) and set a hold rating on the stock in a research note on Monday, January 28th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 408.25 ($5.33).

Shares of CRST stock opened at GBX 372.80 ($4.87) on Wednesday. Crest Nicholson has a 12-month low of GBX 275 ($3.59) and a 12-month high of GBX 450.80 ($5.89). The company has a debt-to-equity ratio of 19.37, a quick ratio of 0.71 and a current ratio of 3.80. The company has a market capitalization of $957.28 million and a P/E ratio of 6.73.

In other news, insider Kevin Maguire sold 10,000 shares of the firm’s stock in a transaction on Friday, April 5th. The shares were sold at an average price of GBX 382 ($4.99), for a total transaction of £38,200 ($49,915.07).

About Crest Nicholson

Crest Nicholson Holdings plc builds homes in the United Kingdom. It develops apartments, houses, regeneration schemes, and garden villages; and commercial properties. The company serves first-time buyers, families, and investors. Crest Nicholson Holdings plc was founded in 1963 and is headquartered in Chertsey, the United Kingdom.

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Analyst Recommendations for Crest Nicholson (LON:CRST)

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