By Michele Maatouk
Date: Wednesday 05 Feb 2025
LONDON (ShareCast) - (Sharecast News) - Investec upgraded its stance on housebuilder Crest Nicholson on Wednesday to 'buy' from 'hold'.
It said that while the group continues to face challenges with relatively poor near-term financial metrics, these look to be largely priced into the shares.
"With more certainty and confidence around the balance sheet and a management team about to set and focus on a revised growth strategy, we believe the shares look more attractive and we upgrade to buy," Investec said.
At 1605 GMT, the shares were up 6.3% at 173.33p.
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Currency | UK Pounds |
Share Price | 182.70p |
Change Today | -1.70p |
% Change | -0.92 % |
52 Week High | 266.40 |
52 Week Low | 142.50 |
Volume | 849,838 |
Shares Issued | 256.92m |
Market Cap | £469.39m |
RiskGrade | 30 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 4 |
Buy | 2 |
Neutral | 5 |
Sell | 0 |
Strong Sell | 0 |
Total | 11 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 27-Mar-25 | 19-Sep-24 |
Paid | 25-Apr-25 | 11-Oct-24 |
Amount | 1.20p | 1.00p |
Time | Volume / Share Price |
16:36 | 18,557 @ 182.70p |
16:35 | 773 @ 182.70p |
16:35 | 3,821 @ 182.70p |
16:35 | 2,768 @ 182.70p |
16:35 | 2,292 @ 182.70p |
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