Crest Nicholson’s (CRST) Buy Rating Reiterated at Jefferies Financial Group

by · The Cerbat Gem

Jefferies Financial Group reiterated their buy rating on shares of Crest Nicholson (LON:CRST – Free Report) in a research note issued to investors on Tuesday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 164 price target on the stock.

Several other equities research analysts have also recently commented on CRST. Royal Bank Of Canada lifted their price target on shares of Crest Nicholson from GBX 205 to GBX 215 and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Stifel Nicolaus reaffirmed a “hold” rating and issued a GBX 125 price objective on shares of Crest Nicholson in a research note on Thursday, March 26th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 128.43.

Check Out Our Latest Stock Analysis on Crest Nicholson

Crest Nicholson Trading Down 5.2%

CRST stock opened at GBX 66 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 2.63 and a debt-to-equity ratio of 24.15. Crest Nicholson has a twelve month low of GBX 59.70 and a twelve month high of GBX 198.50. The company has a market cap of £169.44 million, a P/E ratio of 73.33, a PEG ratio of 0.51 and a beta of 1.58. The business has a fifty day moving average of GBX 120.93 and a 200-day moving average of GBX 139.32.

Crest Nicholson (LON:CRST – Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The company reported GBX 7.80 EPS for the quarter. Crest Nicholson had a return on equity of 0.30% and a net margin of 0.36%. As a group, equities research analysts expect that Crest Nicholson will post 9.0980939 EPS for the current year.

Insider Activity

In other news, insider Gillian Kent acquired 9,538 shares of Crest Nicholson stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average price of GBX 104 per share, with a total value of £9,919.52. Also, insider Martyn Clark sold 46,077 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of GBX 151, for a total transaction of £69,576.27. Insiders have bought a total of 10,312 shares of company stock valued at $1,091,598 over the last 90 days. Corporate insiders own 4.49% of the company’s stock.

Crest Nicholson News Summary

Here are the key news stories impacting Crest Nicholson this week:

  • Positive Sentiment: Jefferies reiterated a “Buy” rating, which provides some support and could attract bargain hunters or short-term buyers. Read More.
  • Positive Sentiment: Royal Bank of Canada still lists an “Outperform” view (despite lowering its target to GBX 95 from GBX 155), offering another constructive broker voice that may limit downside. Read More.
  • Neutral Sentiment: Stifel Nicolaus maintained a “Hold” rating, signalling no strong buy-side conviction but not adding fresh downside pressure. Read More.
  • Negative Sentiment: Crest Nicholson issued a profit warning, cut guidance and said it is seeking covenant relief — a material operational/financial red flag that drove a sharp sell-off and raises near-term solvency and refinancing concerns. Read More.
  • Negative Sentiment: Deutsche Bank slashed its rating to “Hold” and collapsed its price target to GBX 79 from GBX 228, reflecting a much weaker outlook and amplifying downside expectations. Read More.
  • Negative Sentiment: Berenberg cut its price target from GBX 160 to GBX 86 and moved to “Hold”, adding to the chorus of analysts shrinking expectations for near-term profitability. Read More.
  • Negative Sentiment: Market reaction has been severe: reports note shares fell by about a third after the profit warning, underscoring the scale of investor concern and increasing the risk of forced selling or further multiple compression. Read More.

About Crest Nicholson

(Get Free Report)

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.

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