Countryside Properties PLC (CSP) Receives Buy Rating from Numis Securities Ltd
Countryside Properties PLC (LON:CSP)‘s stock had its “buy” rating reissued by investment analysts at Numis Securities Ltd in a report issued on Wednesday. They presently have a GBX 296 ($3.66) price objective on the stock. Numis Securities Ltd’s target price points to a potential upside of 25.90% from the stock’s previous close.
A number of other research firms have also recently commented on CSP. JPMorgan Chase & Co. cut shares of Countryside Properties PLC to a “neutral” rating and reduced their price objective for the stock from GBX 280 ($3.47) to GBX 250 ($3.09) in a research report on Monday, August 15th. Peel Hunt reaffirmed a “buy” rating and set a GBX 290 ($3.59) price objective on shares of Countryside Properties PLC in a research report on Friday, September 16th. Finally, Barclays PLC reduced their price objective on shares of Countryside Properties PLC from GBX 297 ($3.68) to GBX 248.20 ($3.07) and set an “overweight” rating for the company in a research report on Thursday, July 7th.
Shares of Countryside Properties PLC (LON:CSP) traded up 1.86% during midday trading on Wednesday, hitting GBX 235.10. 631,287 shares of the company were exchanged. The company’s market capitalization is GBX 1.06 billion. The company has a 50-day moving average of GBX 241.63 and a 200 day moving average of GBX 240.06. Countryside Properties PLC has a one year low of GBX 170.60 and a one year high of GBX 290.00.
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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.
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