Countrywide PLC (CWD) Given “Neutral” Rating at Citigroup Inc.
Countrywide PLC (LON:CWD)‘s stock had its “neutral” rating restated by investment analysts at Citigroup Inc. in a research note issued on Tuesday. They currently have a GBX 250 ($3.26) price objective on the stock. Citigroup Inc.’s price target suggests a potential upside of 24.38% from the stock’s current price.
CWD has been the subject of several other research reports. Goldman Sachs Group Inc. reiterated a “sell” rating and issued a GBX 218 ($2.85) price objective on shares of Countrywide PLC in a research note on Tuesday, June 28th. Jefferies Group reiterated a “buy” rating and issued a GBX 600 ($7.83) price objective on shares of Countrywide PLC in a research note on Tuesday, June 7th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 320.69 ($4.19).
Countrywide PLC (LON:CWD) traded down 4.240112% during mid-day trading on Tuesday, reaching GBX 202.579422. 928,406 shares of the company’s stock traded hands. The company has a 50 day moving average price of GBX 239.04 and a 200-day moving average price of GBX 298.69. Countrywide PLC has a 12 month low of GBX 198.50 and a 12 month high of GBX 502.50. The stock’s market cap is GBX 441.45 million.
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The firm also recently declared a dividend, which was paid on Friday, October 7th. Investors of record on Thursday, September 8th were given a GBX 5 ($0.07) dividend. This represents a yield of 1.9%. The ex-dividend date was Thursday, September 8th.
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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