Countrywide PLC (CWD) Stock Rating Reaffirmed by Jefferies Group LLC
Countrywide PLC (LON:CWD)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Group LLC in a research report issued to clients and investors on Monday. They currently have a GBX 180 ($2.29) price objective on the stock. Jefferies Group LLC’s price target would suggest a potential upside of 16.32% from the company’s previous close.
Several other research firms have also issued reports on CWD. Peel Hunt reiterated a “reduce” rating and set a GBX 165 ($2.10) target price on shares of Countrywide PLC in a report on Thursday. Numis Securities Ltd reiterated a “hold” rating and set a GBX 175 ($2.23) target price on shares of Countrywide PLC in a report on Friday, March 10th. Two analysts have rated the stock with a sell rating and five have given a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 197.71 ($2.51).
Shares of Countrywide PLC (CWD) traded down 1.28% on Monday, reaching GBX 154.25. The company’s stock had a trading volume of 122,389 shares. Countrywide PLC has a 1-year low of GBX 147.96 and a 1-year high of GBX 352.40. The company’s 50 day moving average is GBX 166.46 and its 200-day moving average is GBX 172.18. The stock’s market cap is GBX 332.27 million.
In other Countrywide PLC news, insider Himanshu Raja purchased 122,841 shares of the stock in a transaction on Tuesday, June 6th. The shares were purchased at an average price of GBX 162 ($2.06) per share, with a total value of £199,002.42 ($253,119.33). Also, insider Natalie Ceeney purchased 1,751 shares of the stock in a transaction on Friday, May 5th. The shares were acquired at an average cost of GBX 160 ($2.04) per share, for a total transaction of £2,801.60 ($3,563.47). In the last three months, insiders have acquired 124,784 shares of company stock worth $20,210,436.
Countrywide PLC Company Profile
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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