Barclays Reaffirms “Overweight” Rating for Crest Nicholson (CRST)

Barclays reissued their overweight rating on shares of Crest Nicholson (LON:CRST) in a research report report published on Monday, December 18th. The firm currently has a GBX 662 ($8.98) target price on the stock.

A number of other equities analysts have also recently issued reports on CRST. Peel Hunt raised Crest Nicholson to a buy rating and set a GBX 720 ($9.76) target price for the company in a report on Wednesday, September 27th. Deutsche Bank reaffirmed a hold rating and issued a GBX 649 ($8.80) target price on shares of Crest Nicholson in a report on Friday, September 1st. JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 590 ($8.00) price target on shares of Crest Nicholson in a research note on Friday, September 29th. Shore Capital reissued a hold rating on shares of Crest Nicholson in a research note on Wednesday, November 15th. Finally, Jefferies Group reissued a buy rating on shares of Crest Nicholson in a research note on Monday, December 18th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Crest Nicholson has an average rating of Buy and an average target price of GBX 656.25 ($8.90).

Shares of Crest Nicholson (LON CRST) traded up GBX 3 ($0.04) during mid-day trading on Monday, hitting GBX 530 ($7.19). The company had a trading volume of 511,220 shares, compared to its average volume of 539,701. Crest Nicholson has a twelve month low of GBX 469.15 ($6.36) and a twelve month high of GBX 648.50 ($8.79). The company has a market cap of $1,370.00 and a P/E ratio of 854.84.

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About Crest Nicholson

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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