Citigroup Inc Reiterates Neutral Rating for Countrywide PLC (CWD)

Citigroup Inc reissued their neutral rating on shares of Countrywide PLC (LON:CWD) in a research report released on Tuesday morning, Marketbeat.com reports. Citigroup Inc currently has a GBX 125 ($1.65) price objective on the stock.

A number of other research firms have also commented on CWD. Jefferies Group LLC reissued a hold rating and issued a GBX 150 ($1.98) price objective on shares of Countrywide PLC in a research note on Friday, July 28th. Credit Suisse Group reissued an underperform rating and issued a GBX 111 ($1.46) price objective on shares of Countrywide PLC in a research note on Thursday, October 26th. Peel Hunt reduced their price objective on Countrywide PLC from GBX 145 ($1.91) to GBX 115 ($1.52) and set a reduce rating on the stock in a research note on Wednesday, September 27th. Finally, Berenberg Bank assumed coverage on Countrywide PLC in a research note on Thursday, October 12th. They issued a sell rating and a GBX 95 ($1.25) price objective on the stock. Four research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Countrywide PLC presently has a consensus rating of Hold and a consensus target price of GBX 136.75 ($1.80).

Countrywide PLC (LON:CWD) traded up GBX 1 ($0.01) on Tuesday, reaching GBX 126 ($1.66). 114,717 shares of the company’s stock traded hands.

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In other news, insider Himanshu Raja bought 10,592 shares of the company’s stock in a transaction dated Wednesday, September 6th. The stock was bought at an average price of GBX 135 ($1.78) per share, for a total transaction of £14,299.20 ($18,869.36). In the last 90 days, insiders have bought 100,335 shares of company stock valued at $13,545,024.

Countrywide PLC 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.

Analyst Recommendations for Countrywide PLC (LON:CWD)

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