Crest Nicholson (LON:CRST) Stock Rating Reaffirmed by JPMorgan Chase & Co.

Crest Nicholson (LON:CRST)‘s stock had its “underweight” rating reissued by equities researchers at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday, Marketbeat reports.

A number of other research analysts have also recently issued reports on the stock. Royal Bank of Canada lifted their target price on shares of Crest Nicholson from GBX 175 ($2.21) to GBX 250 ($3.16) and gave the company an “underperform” rating in a research note on Tuesday, June 18th. Berenberg Bank reiterated a “buy” rating and set a GBX 280 ($3.54) target price on shares of Crest Nicholson in a report on Friday, June 14th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 237 ($3.00) price objective on shares of Crest Nicholson in a research report on Wednesday, March 20th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Crest Nicholson currently has an average rating of “Hold” and an average price target of GBX 229.40 ($2.90).

Crest Nicholson Trading Up 4.9 %

Crest Nicholson stock opened at GBX 256.60 ($3.25) on Friday. The company’s fifty day moving average price is GBX 226.52 and its two-hundred day moving average price is GBX 213.76. The company has a debt-to-equity ratio of 12.16, a current ratio of 3.33 and a quick ratio of 0.72. Crest Nicholson has a one year low of GBX 152.70 ($1.93) and a one year high of GBX 272.40 ($3.45). The company has a market capitalization of £659.26 million, a price-to-earnings ratio of 3,688.57, a PEG ratio of 0.51 and a beta of 1.93.

Insider Transactions at Crest Nicholson

In related news, insider Martyn Clark sold 10,347 shares of the firm’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of GBX 250 ($3.16), for a total value of £25,867.50 ($32,718.82). 8.20% of the stock is currently owned by insiders.

About Crest Nicholson

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.