Crest Nicholson (LON:CRST) PT Raised to GBX 405 at Liberum Capital

Crest Nicholson (LON:CRST) had its price target lifted by Liberum Capital from GBX 390 ($5.10) to GBX 405 ($5.29) in a research report sent to investors on Monday, February 4th. They currently have a buy rating on the stock.

A number of other equities research analysts have also weighed in on the stock. Shore Capital reissued an under review rating on shares of Crest Nicholson in a report on Wednesday, October 17th. Libertas Partners lowered shares of Crest Nicholson to a hold rating and reduced their price objective for the company from GBX 528 ($6.90) to GBX 331 ($4.33) in a research note on Wednesday, October 17th. Peel Hunt reduced their price objective on shares of Crest Nicholson from GBX 520 ($6.79) to GBX 330 ($4.31) and set a hold rating on the stock in a research note on Wednesday, October 17th. JPMorgan Chase & Co. reduced their price objective on shares of Crest Nicholson from GBX 500 ($6.53) to GBX 440 ($5.75) and set a neutral rating on the stock in a research note on Monday, January 14th. Finally, Numis Securities lowered shares of Crest Nicholson to a hold rating and set a GBX 343 ($4.48) price objective on the stock. in a research note on Wednesday, January 30th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. Crest Nicholson has a consensus rating of Hold and an average target price of GBX 397.64 ($5.20).

Crest Nicholson has a 12-month low of GBX 466.81 ($6.10) and a 12-month high of GBX 648.50 ($8.47).

The firm also recently disclosed a dividend, which will be paid on Thursday, April 18th. Shareholders of record on Thursday, March 21st will be issued a dividend of GBX 21.80 ($0.28) per share. This is an increase from Crest Nicholson’s previous dividend of $11.20. The ex-dividend date is Thursday, March 21st. This represents a yield of 6.03%.

About Crest Nicholson

Crest Nicholson Holdings plc 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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