Shares of Countrywide PLC (LON:CWD) have been assigned an average recommendation of “Hold” from the six brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 91.83 ($1.22).
Several research firms have recently commented on CWD. Peel Hunt reaffirmed a “reduce” rating and set a GBX 75 ($1.00) price target (down previously from GBX 115 ($1.53)) on shares of Countrywide in a research report on Thursday, March 8th. Jefferies Financial Group reduced their price target on shares of Countrywide from GBX 125 ($1.66) to GBX 85 ($1.13) and set a “hold” rating for the company in a research report on Thursday, March 8th. Numis Securities reduced their price target on shares of Countrywide from GBX 110 ($1.46) to GBX 89 ($1.18) and set a “hold” rating for the company in a research report on Friday, March 9th. Finally, Credit Suisse Group cut their price objective on Countrywide from GBX 111 ($1.48) to GBX 77 ($1.03) and set an “underperform” rating for the company in a research note on Tuesday, March 13th.
Shares of Countrywide traded up GBX 5.60 ($0.07), hitting GBX 101.60 ($1.35), during midday trading on Friday, according to Marketbeat. 149,120 shares of the company’s stock traded hands, compared to its average volume of 296,556. Countrywide has a 1 year low of GBX 66.64 ($0.89) and a 1 year high of GBX 189.25 ($2.52).
Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. It operates through UK Sales and Lettings, London Sales and Lettings, Financial Services, and Business to Business (B2B) segments. The company offers surveying services, including valuation panel management services, residential valuations, and surveys for mortgage lenders; provides 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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