Crest Nicholson Holdings plc (LON:CRST) Receives GBX 408 Consensus Target Price from Analysts

Shares of Crest Nicholson Holdings plc (LON:CRSTGet Rating) have been given an average recommendation of “Moderate Buy” by the seven analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 408 ($4.93).

A number of equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Crest Nicholson from GBX 415 ($5.01) to GBX 416 ($5.03) and gave the stock a “buy” rating in a report on Tuesday, July 26th. JPMorgan Chase & Co. lowered their price objective on Crest Nicholson from GBX 310 ($3.75) to GBX 290 ($3.50) and set a “neutral” rating for the company in a research note on Thursday, June 23rd. Finally, Liberum Capital reaffirmed a “buy” rating and issued a GBX 390 ($4.71) target price on shares of Crest Nicholson in a research report on Wednesday, May 25th.

Crest Nicholson Price Performance

Shares of LON CRST opened at GBX 225.60 ($2.73) on Thursday. The company has a debt-to-equity ratio of 12.05, a current ratio of 2.77 and a quick ratio of 0.72. Crest Nicholson has a 1-year low of GBX 208.80 ($2.52) and a 1-year high of GBX 419 ($5.06). The company has a market capitalization of £579.61 million and a price-to-earnings ratio of -1,128.00. The business has a 50-day moving average of GBX 253.40 and a 200-day moving average of GBX 261.09.

Crest Nicholson Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, October 13th. Investors of record on Thursday, September 22nd will be issued a GBX 5.50 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, September 22nd. This represents a dividend yield of 2.16%. Crest Nicholson’s dividend payout ratio (DPR) is presently -68.00%.

About Crest Nicholson

(Get Rating)

Crest Nicholson Holdings plc builds residential homes in the United Kingdom. The company develops and sells apartments, houses, and commercial properties. It serves first-time buyers, families, and investors. The company 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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