JPMorgan Chase & Co. Upgrades Crest Nicholson (LON:CRST) to Neutral

Crest Nicholson (LON:CRST) was upgraded by research analysts at JPMorgan Chase & Co. to a “neutral” rating in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage currently has a GBX 190 ($2.42) target price on the stock, up from their prior target price of GBX 180 ($2.29). JPMorgan Chase & Co.‘s target price indicates a potential upside of 9.45% from the stock’s previous close.

Separately, Berenberg Bank dropped their price target on Crest Nicholson from GBX 280 ($3.57) to GBX 215 ($2.74) and set a “hold” rating for the company in a research note on Tuesday, October 22nd.

Crest Nicholson Trading Up 2.2 %

CRST stock opened at GBX 173.60 ($2.21) on Thursday. The company has a quick ratio of 0.72, a current ratio of 3.13 and a debt-to-equity ratio of 13.12. The company has a market cap of £444.97 million, a price-to-earnings ratio of -1,736.00, a PEG ratio of 0.51 and a beta of 2.00. The business has a fifty day simple moving average of GBX 172.26 and a 200-day simple moving average of GBX 210.49. Crest Nicholson has a 52 week low of GBX 145.20 ($1.85) and a 52 week high of GBX 272.40 ($3.47).

Crest Nicholson Company Profile

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.