Countrywide (LON:CWD)‘s stock had its “reduce” rating restated by analysts at Peel Hunt in a research note issued on Thursday. They presently have a GBX 115 ($1.56) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 4.55% from the company’s previous close.

Other research analysts also recently issued reports about the company. Citigroup reiterated a “neutral” rating and set a GBX 125 ($1.70) price objective on shares of Countrywide in a research note on Tuesday, October 31st. Berenberg Bank reiterated a “sell” rating and set a GBX 95 ($1.29) price objective on shares of Countrywide in a research note on Friday, January 12th. Finally, Credit Suisse Group reiterated an “underperform” rating and set a GBX 111 ($1.51) price objective on shares of Countrywide in a research note on Thursday, October 26th. Four investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. Countrywide presently has a consensus rating of “Hold” and an average price target of GBX 136.75 ($1.85).

Shares of Countrywide (CWD) traded down GBX 25.20 ($0.34) during trading hours on Thursday, hitting GBX 110 ($1.49). The company had a trading volume of 1,210,000 shares, compared to its average volume of 124,949. The company has a market cap of $261.72 and a P/E ratio of -5,500.00. Countrywide has a 52 week low of GBX 105.25 ($1.43) and a 52 week high of GBX 199.50 ($2.71).

TRADEMARK VIOLATION WARNING: “Peel Hunt Reiterates “Reduce” Rating for Countrywide (CWD)” was reported by American Banking News and is owned by of American Banking News. If you are reading this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this article can be read at https://www.americanbankingnews.com/2018/01/18/peel-hunt-reiterates-reduce-rating-for-countrywide-cwd.html.

About Countrywide

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.

Analyst Recommendations for Countrywide (LON:CWD)

Receive News & Ratings for Countrywide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Countrywide and related companies with MarketBeat.com's FREE daily email newsletter.