Credit Suisse Group upgraded shares of Countrywide (LON:CWD) to a neutral rating in a report published on Wednesday morning. They currently have GBX 17.20 ($0.22) price target on the stock, down from their prior price target of GBX 77 ($1.00).
Several other research analysts also recently commented on the company. Peel Hunt reaffirmed an under review rating on shares of Countrywide in a research report on Tuesday, July 24th. Citigroup reaffirmed a neutral rating on shares of Countrywide in a research report on Friday, July 13th. Finally, Numis Securities downgraded Countrywide to a hold rating and dropped their price target for the stock from GBX 89 ($1.15) to GBX 38 ($0.49) in a research report on Tuesday, June 26th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Countrywide currently has a consensus rating of Hold and an average target price of GBX 73.37 ($0.95).
Shares of LON CWD opened at GBX 14.08 ($0.18) on Wednesday. Countrywide has a 12 month low of GBX 66.64 ($0.86) and a 12 month high of GBX 189.25 ($2.45).
Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. It operates through UK Sales and Lettings, London Sales and Lettings, Financial Services, and Business to Business (B2B) segments. The company offers surveying services, including valuation panel management services, residential valuations, and surveys for mortgage lenders; provides leasehold, commercial, relocation, and residential property management services; and sells residential, commercial, industrial, and agricultural properties, as well as land through public auction.
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