Countryside Properties PLC (CSP) Earns Buy Rating from Numis Securities Ltd
Countryside Properties PLC (LON:CSP)‘s stock had its “buy” rating reaffirmed by Numis Securities Ltd in a report issued on Wednesday. They currently have a GBX 296 ($3.66) price target on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 28.25% from the company’s current price.
Several other research analysts have also recently weighed in on the company. Peel Hunt restated a “buy” rating and issued a GBX 290 ($3.59) price target on shares of Countryside Properties PLC in a research report on Thursday, July 28th. JPMorgan Chase & Co. cut Countryside Properties PLC to a “neutral” rating and decreased their price target for the stock from GBX 280 ($3.47) to GBX 250 ($3.09) in a research report on Monday, August 15th. Finally, Barclays PLC decreased their price target on Countryside Properties PLC from GBX 297 ($3.68) to GBX 248.20 ($3.07) and set an “overweight” rating on the stock in a research report on Thursday, July 7th.
Shares of Countryside Properties PLC (LON:CSP) traded up 1.86% during midday trading on Wednesday, reaching GBX 235.10. 252,885 shares of the company’s stock traded hands. The stock has a 50 day moving average of GBX 241.82 and a 200-day moving average of GBX 240.13. Countryside Properties PLC has a 52-week low of GBX 170.60 and a 52-week high of GBX 290.00. The stock’s market cap is GBX 1.06 billion.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/12/countryside-properties-plc-csp-earns-buy-rating-from-numis-securities-ltd.html
Countryside Properties PLC Company Profile
Countryside Properties plc (Countryside) is a United Kingdom-based housebuilder and regeneration partner, primarily operating in London and the South East of England, and with a presence in the North West of England. Countryside operates through two divisions: Housebuilding and Partnerships. The Company’s Housebuilding division develops medium to larger-scale sites, providing private housing on private land, primarily around London and in the South East of England.
Receive News & Ratings for Countryside Properties PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Countryside Properties PLC and related companies with MarketBeat.com's FREE daily email newsletter.