Countrywide PLC (CWD) Receives Consensus Rating of “Hold” from Brokerages
Shares of Countrywide PLC (LON:CWD) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 136.75 ($1.84).
Several analysts have issued reports on the company. Citigroup reaffirmed a “neutral” rating and set a GBX 125 ($1.68) target price on shares of Countrywide in a research report on Tuesday, October 31st. Credit Suisse Group reaffirmed an “underperform” rating and set a GBX 111 ($1.49) target price on shares of Countrywide in a research report on Thursday, October 26th. Peel Hunt reiterated a “reduce” rating and set a GBX 115 ($1.55) price objective on shares of Countrywide in a report on Thursday, November 9th. Finally, Berenberg Bank began coverage on Countrywide in a report on Thursday, October 12th. They set a “sell” rating and a GBX 95 ($1.28) price objective for the company.
Shares of Countrywide (LON CWD) opened at GBX 116.50 ($1.57) on Friday. Countrywide has a 52-week low of GBX 105.25 ($1.42) and a 52-week high of GBX 199.50 ($2.69).
Countrywide Company Profile
Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. It operates through four segments: Retail, London, Financial Services, and B2B. The company offers surveying services, including valuation panel management services, residential valuations, and surveys for mortgage lenders; leasehold, commercial, relocation, and residential property management services; and sells residential, commercial, industrial, and agricultural properties, as well as land through public auction.
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