Numis Securities Reaffirms “Hold” Rating for Countrywide (CWD)

Countrywide (LON:CWD)‘s stock had its “hold” rating reiterated by equities research analysts at Numis Securities in a note issued to investors on Friday. They presently have a GBX 110 ($1.49) price target on the stock. Numis Securities’ price target would indicate a potential upside of 4.17% from the company’s current price.

CWD has been the subject of a number of other research reports. Berenberg Bank assumed coverage on shares of Countrywide in a research note on Thursday, October 12th. They set a “sell” rating and a GBX 95 ($1.29) target price for the company. Peel Hunt cut their target price on shares of Countrywide from GBX 145 ($1.97) to GBX 115 ($1.56) and set a “reduce” rating for the company in a research note on Wednesday, September 27th. Credit Suisse Group cut shares of Countrywide to an “underperform” rating and cut their target price for the stock from GBX 288 ($3.91) to GBX 111 ($1.51) in a research note on Monday, September 25th. Finally, Citigroup restated a “neutral” rating and set a GBX 125 ($1.70) target price on shares of Countrywide in a research note on Tuesday, October 31st. Four analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 128.63 ($1.74).

Shares of Countrywide (CWD) opened at GBX 105.60 ($1.43) on Friday. The stock has a market cap of $261.72 and a PE ratio of -5,280.00. Countrywide has a 12 month low of GBX 105.25 ($1.43) and a 12 month high of GBX 199.50 ($2.71).

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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)

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