Insider Buying: Crest Nicholson (LON:CRST) Insider Acquires £150.45 in Stock

by · The Markets Daily

Crest Nicholson Holdings plc (LON:CRST – Get Free Report) insider Martyn Clark acquired 255 shares of the stock in a transaction on Thursday, September 10th. The shares were bought at an average cost of GBX 59 per share, for a total transaction of £150.45.

Martyn Clark also recently made the following trade(s):

  • On Monday, August 10th, Martyn Clark bought 231 shares of Crest Nicholson stock. The stock was bought at an average price of GBX 65 per share, with a total value of £150.15.
  • On Friday, July 10th, Martyn Clark bought 228 shares of Crest Nicholson stock. The stock was bought at an average cost of GBX 66 per share, with a total value of £150.48.

Crest Nicholson Price Performance

LON CRST opened at GBX 57.70 on Friday. The firm has a market cap of £148.15 million, a PE ratio of 6.87, a P/E/G ratio of 0.51 and a beta of 1.32. The company has a quick ratio of 0.71, a current ratio of 2.24 and a debt-to-equity ratio of 35.57. Crest Nicholson Holdings plc has a 52 week low of GBX 53 and a 52 week high of GBX 176.20. The business’s fifty day simple moving average is GBX 64.66 and its 200-day simple moving average is GBX 81.97.

Crest Nicholson (LON:CRST – Get Free Report) last released its earnings results on Thursday, July 16th. The company reported GBX (10.10) EPS for the quarter. Crest Nicholson had a negative return on equity of 4.32% and a negative net margin of 5.44%. As a group, equities analysts anticipate that Crest Nicholson Holdings plc will post 9.0980939 earnings per share for the current year.

Analyst Ratings Changes

CRST has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered their price objective on Crest Nicholson from GBX 160 to GBX 80 and set a “neutral” rating on the stock in a report on Tuesday, June 16th. Jefferies Financial Group reissued a “buy” rating and set a GBX 107 target price on shares of Crest Nicholson in a research note on Friday, September 4th. Berenberg Bank reduced their price target on Crest Nicholson from GBX 70 to GBX 58 and set a “hold” rating for the company in a report on Friday, September 4th. Deutsche Bank Aktiengesellschaft decreased their price target on Crest Nicholson from GBX 79 to GBX 65 and set a “hold” rating on the stock in a research note on Tuesday, September 8th. Finally, Royal Bank Of Canada lowered Crest Nicholson to an “outperform” rating and set a GBX 95 price objective on the stock. in a report on Thursday, September 3rd. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of GBX 102.86.

Read Our Latest Research Report on CRST

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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