Countrywide PLC (CWD) Given “Hold” Rating at Jefferies Group
Countrywide PLC (LON:CWD)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Group in a research note issued on Thursday. They presently have a GBX 180 ($2.25) target price on the stock. Jefferies Group’s price objective would suggest a potential downside of 7.17% from the stock’s current price.
CWD has been the topic of a number of other reports. Peel Hunt reiterated a “hold” rating and issued a GBX 400 ($5.00) price objective on shares of Countrywide PLC in a research note on Thursday, July 28th. Numis Securities Ltd upgraded Countrywide PLC to an “add” rating and dropped their price objective for the stock from GBX 416 ($5.20) to GBX 286 ($3.57) in a research note on Thursday, July 28th. Credit Suisse Group AG reiterated a “neutral” rating and issued a GBX 288 ($3.60) price objective on shares of Countrywide PLC in a research note on Monday, August 1st. Finally, Barclays PLC decreased their target price on Countrywide PLC from GBX 400 ($5.00) to GBX 250.50 ($3.13) and set an “equal weight” rating on the stock in a research report on Thursday, September 22nd. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 268.19 ($3.35).
Shares of Countrywide PLC (LON:CWD) opened at 193.90 on Thursday. The firm’s market capitalization is GBX 422.54 million. The company has a 50-day moving average price of GBX 196.89 and a 200 day moving average price of GBX 258.37. Countrywide PLC has a 52-week low of GBX 175.90 and a 52-week high of GBX 428.40.
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About Countrywide PLC
Countrywide plc is an integrated residential estate agency and property services group in the United Kingdom. The Company offers estate agency and lettings services, together with a range of complementary services. The Company operates in five businesses: residential property sales; residential property lettings and property management; arranging mortgages, insurance and related financial products (provided by third parties) for participants in residential property transactions; surveying and valuation services for mortgage lenders and prospective homebuyers, and residential property conveyance services.
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