Shares of Countrywide PLC (LON:CWD) have been assigned a consensus recommendation of “Hold” from the eight research firms that are covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is GBX 136.75 ($1.80).
A number of analysts have commented on the stock. Peel Hunt reduced their target price on shares of Countrywide PLC from GBX 145 ($1.91) to GBX 115 ($1.51) and set a “reduce” rating for the company in a report on Wednesday, September 27th. Credit Suisse Group reiterated an “underperform” rating and issued a GBX 111 ($1.46) price target on shares of Countrywide PLC in a research report on Thursday, October 26th. Citigroup Inc. reiterated a “neutral” rating and issued a GBX 125 ($1.64) price target on shares of Countrywide PLC in a research report on Tuesday, October 31st. Jefferies Group LLC reiterated a “hold” rating and issued a GBX 150 ($1.97) price target on shares of Countrywide PLC in a research report on Friday, July 28th. Finally, Berenberg Bank started coverage on shares of Countrywide PLC in a research report on Thursday, October 12th. They issued a “sell” rating and a GBX 95 ($1.25) price target for the company.
In related news, insider Himanshu Raja bought 10,592 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The stock was purchased at an average price of GBX 135 ($1.78) per share, for a total transaction of £14,299.20 ($18,807.31). In the last 90 days, insiders have purchased 100,358 shares of company stock valued at $13,545,138.
About Countrywide PLC
Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. It operates through four segments: Retail, London, Financial Services, and B2B. The company offers surveying services, including valuation panel management services, residential valuations, and surveys for mortgage lenders; leasehold, commercial, relocation, and residential property management services; and sells residential, commercial, industrial, and agricultural properties, as well as land through public auction.
What are top analysts saying about Countrywide PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Countrywide PLC and related companies.