Crest Nicholson (LON:CRST) Price Target Cut to GBX 215 by Analysts at Berenberg Bank

Crest Nicholson (LON:CRST) had its price target trimmed by Berenberg Bank from GBX 280 ($3.64) to GBX 215 ($2.79) in a research note issued to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a hold rating on the stock.

Separately, JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Crest Nicholson in a research report on Friday, July 5th. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to data from MarketBeat, Crest Nicholson currently has an average rating of “Hold” and a consensus target price of GBX 216.40 ($2.81).

Crest Nicholson Price Performance

The firm has a market cap of £463.49 million, a P/E ratio of -1,808.23, a PEG ratio of 0.51 and a beta of 2.00. Crest Nicholson has a one year low of GBX 152.70 ($1.98) and a one year high of GBX 272.40 ($3.54). The stock’s 50-day moving average price is GBX 195.17 and its two-hundred day moving average price is GBX 217.01. The company has a quick ratio of 0.72, a current ratio of 3.13 and a debt-to-equity ratio of 13.12.

Crest Nicholson Company Profile

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.