Crest Nicholson (LON:CRST) Stock Rating Reaffirmed by Barclays

Crest Nicholson (LON:CRST)‘s stock had its “equal weight” rating restated by stock analysts at Barclays in a research report issued to clients and investors on Wednesday, September 12th. They presently have a GBX 438 ($5.71) price target on the stock, down from their prior price target of GBX 540 ($7.03). Barclays’ price objective indicates a potential upside of 26.96% from the company’s current price.

CRST has been the subject of a number of other research reports. Shore Capital reiterated a “buy” rating on shares of Crest Nicholson in a research report on Tuesday, June 12th. Peel Hunt reissued a “hold” rating on shares of Crest Nicholson in a report on Tuesday, June 12th. Credit Suisse Group reaffirmed a “buy” rating and set a GBX 530 ($6.90) price target on shares of Crest Nicholson in a report on Tuesday, June 12th. Numis Securities dropped their price target on Crest Nicholson from GBX 595 ($7.75) to GBX 493 ($6.42) and set an “add” rating for the company in a report on Wednesday, June 13th. Finally, Liberum Capital began coverage on Crest Nicholson in a research report on Thursday, June 21st. They issued a “buy” rating and a GBX 528 ($6.88) price objective on the stock. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 513.50 ($6.69).

LON:CRST traded down GBX 3.40 ($0.04) during mid-day trading on Wednesday, hitting GBX 345 ($4.49). 1,467,267 shares of the company’s stock traded hands, compared to its average volume of 1,510,000. Crest Nicholson has a 12 month low of GBX 466.81 ($6.08) and a 12 month high of GBX 648.50 ($8.45).

About Crest Nicholson

Crest Nicholson Holdings plc engages in 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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