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

Crest Nicholson (LON:CRST - Get Free Report) was upgraded by investment analysts at JPMorgan Chase & Co. to a "neutral" rating in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. The firm presently has a GBX 190 ($2.41) target price on the stock, up from their previous target price of GBX 180 ($2.29). JPMorgan Chase & Co.'s price objective points to a potential upside of 11.90% from the stock's current price.

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

Crest Nicholson Price Performance

Shares of Crest Nicholson stock traded down GBX 2.60 ($0.03) during trading on Thursday, hitting GBX 169.80 ($2.16). The stock had a trading volume of 703,042 shares, compared to its average volume of 1,455,906. The company has a current ratio of 3.13, a quick ratio of 0.72 and a debt-to-equity ratio of 13.12. Crest Nicholson has a 12 month low of GBX 145.20 ($1.84) and a 12 month high of GBX 272.40 ($3.46). The firm has a market cap of £435.23 million, a price-to-earnings ratio of -1,721.00, a P/E/G ratio of 0.51 and a beta of 2.00. The business's 50-day moving average is GBX 172.91 and its 200 day moving average is GBX 211.03.

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.