Countrywide PLC (LON:CWD) was downgraded by analysts at Numis Securities Ltd to a “hold” rating in a note issued to investors on Friday. They presently have a GBX 175 ($2.19) target price on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 3.24% from the stock’s current price.

CWD has been the subject of several other research reports. Jefferies Group reissued a “hold” rating and set a GBX 180 ($2.25) price objective on shares of Countrywide PLC in a report on Tuesday, November 1st. Barclays PLC dropped their price objective on shares of Countrywide PLC from GBX 400 ($5.00) to GBX 250.50 ($3.13) and set an “equal weight” rating for the company in a report on Thursday, September 22nd. Peel Hunt reissued a “hold” rating and set a GBX 400 ($5.00) price objective on shares of Countrywide PLC in a report on Thursday, July 28th. Finally, Credit Suisse Group AG reissued a “neutral” rating and set a GBX 288 ($3.60) price objective on shares of Countrywide PLC in a report on Monday, August 1st. Two investment analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 225.56 ($2.82).

Analyst Recommendations for Countrywide PLC (LON:CWD)

Shares of Countrywide PLC (LON:CWD) opened at 169.90 on Friday. Countrywide PLC has a 1-year low of GBX 164.20 and a 1-year high of GBX 428.40. The company has a 50 day moving average price of GBX 195.41 and a 200 day moving average price of GBX 257.74. The company’s market capitalization is GBX 370.24 million.

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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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