Crest Nicholson (LON:CRST) Rating Increased to Neutral at JPMorgan Chase & Co.

Crest Nicholson (LON:CRST) was upgraded by stock analysts at JPMorgan Chase & Co. to a “neutral” rating in a research report issued on Thursday,Digital Look reports. The brokerage currently has a GBX 190 ($2.41) price objective on the stock, up from their previous price objective of GBX 180 ($2.29). JPMorgan Chase & Co.‘s price target would indicate a potential upside of 10.40% from the stock’s current price.

Separately, Berenberg Bank decreased their price target on shares of Crest Nicholson from GBX 280 ($3.56) to GBX 215 ($2.73) and set a “hold” rating on the stock in a research report on Tuesday, October 22nd.

Crest Nicholson Stock Performance

LON:CRST opened at GBX 172.10 ($2.19) on Thursday. Crest Nicholson has a 1 year low of GBX 145.20 ($1.84) and a 1 year high of GBX 272.40 ($3.46). The firm’s fifty day simple moving average is GBX 172.91 and its 200 day simple moving average is GBX 211.03. The company has a current ratio of 3.13, a quick ratio of 0.72 and a debt-to-equity ratio of 13.12. The firm has a market capitalization of £441.13 million, a PE ratio of -1,717.00, a PEG ratio of 0.51 and a beta of 2.00.

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.