Shore Capital Reiterates Buy Rating for Crest Nicholson (CRST)

Crest Nicholson (LON:CRST)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research note issued on Wednesday.

A number of other equities analysts also recently issued reports on CRST. Barclays cut their price objective on shares of Crest Nicholson from GBX 635 ($8.90) to GBX 610 ($8.55) and set an “overweight” rating on the stock in a report on Monday. Peel Hunt lowered their target price on Crest Nicholson from GBX 680 ($9.53) to GBX 675 ($9.46) and set a “buy” rating on the stock in a research note on Wednesday, January 24th. Canaccord Genuity lowered their target price on Crest Nicholson from GBX 610 ($8.55) to GBX 600 ($8.41) and set a “buy” rating on the stock in a research note on Thursday, January 25th. Deutsche Bank reiterated a “hold” rating and set a GBX 593 ($8.31) target price on shares of Crest Nicholson in a research note on Monday, December 18th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 550 ($7.71) target price on shares of Crest Nicholson in a research note on Thursday, January 25th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Crest Nicholson presently has a consensus rating of “Buy” and an average price target of GBX 625.44 ($8.77).

Crest Nicholson (LON CRST) opened at GBX 481.20 ($6.75) on Wednesday. The stock has a market cap of $1,220.00 and a price-to-earnings ratio of 740.31. Crest Nicholson has a fifty-two week low of GBX 469.15 ($6.58) and a fifty-two week high of GBX 648.50 ($9.09).

In other Crest Nicholson news, insider Robert Allen bought 3,900 shares of the stock in a transaction dated Friday, January 26th. The shares were bought at an average cost of GBX 507 ($7.11) per share, for a total transaction of £19,773 ($27,724.34).

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Crest Nicholson Company Profile

Crest Nicholson Holdings plc is a United Kingdom-based residential developer operating in the Southern half of England. The Company’s product range varies from homes for first time buyers to large family homes, and includes a mixture of houses, apartments and supporting commercial premises as part of its developments.

Analyst Recommendations for Crest Nicholson (LON:CRST)

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