Jefferies Financial Group Reaffirms “Hold” Rating for Crest Nicholson (LON:CRST)

Jefferies Financial Group reiterated their hold rating on shares of Crest Nicholson (LON:CRSTFree Report) in a report issued on Wednesday morning, reports. Jefferies Financial Group currently has a GBX 237 ($3.02) price objective on the stock.

Crest Nicholson Stock Down 1.5 %

CRST stock opened at GBX 194.10 ($2.47) on Wednesday. The company has a current ratio of 3.33, a quick ratio of 0.72 and a debt-to-equity ratio of 12.16. The company’s 50-day moving average price is GBX 211.87 and its 200 day moving average price is GBX 195.31. Crest Nicholson has a 52 week low of GBX 152.70 ($1.94) and a 52 week high of GBX 276.80 ($3.52). The company has a market cap of £498.68 million, a P/E ratio of 2,772.86, a P/E/G ratio of 0.51 and a beta of 1.96.

Crest Nicholson Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 23rd. Investors of record on Thursday, March 21st will be issued a GBX 11.50 ($0.15) dividend. The ex-dividend date is Thursday, March 21st. This represents a dividend yield of 5.62%. This is a boost from Crest Nicholson’s previous dividend of $5.50. Crest Nicholson’s dividend payout ratio is currently 24,285.71%.

Crest Nicholson Company Profile

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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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Analyst Recommendations for Crest Nicholson (LON:CRST)

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