Countrywide (CWD) Receives “Reduce” Rating from Peel Hunt

Countrywide (LON:CWD)‘s stock had its “reduce” rating reaffirmed by stock analysts at Peel Hunt in a research report issued to clients and investors on Wednesday. They currently have a GBX 115 ($1.56) target price on the stock. Peel Hunt’s price target indicates a potential upside of 12.75% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank upgraded shares of Countrywide to a “hold” rating and set a GBX 95 ($1.29) price target on the stock in a research note on Wednesday. Numis Securities reiterated a “hold” rating and set a GBX 110 ($1.49) price target on shares of Countrywide in a research note on Friday, January 19th. Citigroup reiterated a “neutral” rating and set a GBX 125 ($1.70) price target on shares of Countrywide in a research note on Tuesday, October 31st. Finally, Credit Suisse Group reiterated an “underperform” rating and set a GBX 111 ($1.51) price target on shares of Countrywide in a research note on Thursday, October 26th. Three analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Countrywide presently has an average rating of “Hold” and an average price target of GBX 122.29 ($1.66).

Shares of Countrywide (LON:CWD) opened at GBX 102 ($1.38) on Wednesday. Countrywide has a 52 week low of GBX 97.36 ($1.32) and a 52 week high of GBX 199.50 ($2.71). The firm has a market cap of $242.69 and a price-to-earnings ratio of -5,100.00.

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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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