Countrywide PLC (CWD) Insider Purchases £149.73 in Stock
Countrywide PLC (LON:CWD) insider Alison Platt bought 69 shares of the business’s stock in a transaction on Thursday, October 6th. The shares were acquired at an average cost of GBX 217 ($2.83) per share, for a total transaction of £149.73 ($195.44).
Shares of Countrywide PLC (LON:CWD) traded down 4.43% during trading on Friday, hitting GBX 200.60. The company had a trading volume of 591,873 shares. The firm has a 50 day moving average of GBX 240.15 and a 200 day moving average of GBX 299.38. Countrywide PLC has a 12-month low of GBX 198.50 and a 12-month high of GBX 504.00. The stock’s market cap is GBX 437.14 million.
The firm also recently declared a dividend, which will be paid on Friday, October 7th. Investors of record on Thursday, September 8th will be given a dividend of GBX 5 ($0.07) per share. The ex-dividend date is Thursday, September 8th. This represents a yield of 1.9%.
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A number of analysts have recently commented on the company. Citigroup Inc. reissued a “neutral” rating and issued a GBX 250 ($3.26) price objective on shares of Countrywide PLC in a research note on Tuesday, July 26th. Credit Suisse Group AG reissued a “neutral” rating and issued a GBX 288 ($3.76) price objective on shares of Countrywide PLC in a research note on Monday, August 1st. Peel Hunt reissued a “hold” rating and issued a GBX 400 ($5.22) price objective on shares of Countrywide PLC in a research note on Thursday, July 28th. Barclays PLC dropped their price objective on Countrywide PLC from GBX 400 ($5.22) to GBX 250.50 ($3.27) and set an “equal weight” rating on the stock in a research note on Thursday, September 22nd. Finally, Numis Securities Ltd raised Countrywide PLC to an “add” rating and dropped their price objective for the stock from GBX 416 ($5.43) to GBX 286 ($3.73) in a research note on Thursday, July 28th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 320.69 ($4.19).
About Countrywide PLC
Countrywide plc is an integrated residential estate agency and property services group in the United Kingdom. The Company offers estate agency and lettings services, together with a range of complementary services. The Company operates in five businesses: residential property sales; residential property lettings and property management; arranging mortgages, insurance and related financial products (provided by third parties) for participants in residential property transactions; surveying and valuation services for mortgage lenders and prospective homebuyers, and residential property conveyance services.
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