Countrywide (CWD) Raised to “Hold” at Berenberg Bank

Berenberg Bank upgraded shares of Countrywide (LON:CWD) to a hold rating in a report released on Wednesday. They currently have GBX 95 ($1.29) price objective on the stock.

A number of other equities research analysts have also weighed in on the company. Numis Securities restated a hold rating and set a GBX 110 ($1.49) price objective on shares of Countrywide in a research report on Friday, January 19th. Peel Hunt restated a reduce rating and set a GBX 115 ($1.56) price objective on shares of Countrywide in a research report on Thursday, January 18th. Citigroup restated a neutral rating and set a GBX 125 ($1.70) price objective on shares of Countrywide in a research report on Tuesday, October 31st. Finally, Credit Suisse Group restated an underperform rating and set a GBX 111 ($1.51) price objective on shares of Countrywide in a research report on Thursday, October 26th. Three analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Countrywide presently has an average rating of Hold and a consensus price target of GBX 122.29 ($1.66).

Shares of Countrywide (LON CWD) opened at GBX 102.20 ($1.39) on Wednesday. The firm has a market capitalization of $243.17 and a price-to-earnings ratio of -5,110.00. Countrywide has a 52-week low of GBX 97.36 ($1.32) and a 52-week high of GBX 199.50 ($2.71).

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Countrywide Company Profile

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.

Analyst Recommendations for Countrywide (LON:CWD)

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