Peel Hunt Reiterates “Buy” Rating for Countryside Properties PLC (CSP)
Countryside Properties PLC (LON:CSP)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research note issued on Wednesday. They currently have a GBX 420 ($5.52) target price on the stock. Peel Hunt’s price target indicates a potential upside of 18.41% from the company’s current price.
Several other equities analysts have also recently commented on the stock. J P Morgan Chase & Co cut shares of Countryside Properties PLC to a “neutral” rating and set a GBX 335 ($4.40) price target for the company. in a research report on Friday, September 29th. Barclays PLC cut shares of Countryside Properties PLC to an “equal weight” rating and raised their price target for the company from GBX 353 ($4.64) to GBX 359 ($4.72) in a research report on Thursday, July 13th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Countryside Properties PLC has an average rating of “Buy” and an average price target of GBX 358 ($4.71).
In other news, insider David Howell acquired 30,000 shares of the firm’s stock in a transaction dated Monday, October 9th. The stock was acquired at an average cost of GBX 349 ($4.59) per share, with a total value of £104,700 ($137,654.48).
About Countryside Properties PLC
Countryside Properties plc (Countryside) is a United Kingdom-based housebuilder and regeneration partner, primarily operating in London and the South East of England, and with a presence in the North West of England. Countryside operates through two divisions: Housebuilding and Partnerships. The Company’s Housebuilding division develops medium to larger-scale sites, providing private housing on private land, primarily around London and in the South East of England.
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