Countryside Properties’ (CSP) Buy Rating Reiterated at Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of Countryside Properties (LON:CSP) in a report released on Wednesday.

Several other brokerages have also recently commented on CSP. Peel Hunt reaffirmed a buy rating on shares of Countryside Properties in a research note on Thursday, May 17th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Countryside Properties in a research report on Wednesday, June 27th. Finally, Berenberg Bank lifted their target price on shares of Countryside Properties from GBX 335 ($4.36) to GBX 430 ($5.60) and gave the company a buy rating in a research report on Wednesday, July 25th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus target price of GBX 418.50 ($5.45).

Shares of LON:CSP opened at GBX 349 ($4.55) on Wednesday. Countryside Properties has a 12 month low of GBX 228.90 ($2.98) and a 12 month high of GBX 372.80 ($4.86).

In other Countryside Properties news, insider Nicholas Worrall sold 13,213 shares of Countryside Properties stock in a transaction that occurred on Friday, July 27th. The shares were sold at an average price of GBX 333 ($4.34), for a total transaction of £43,999.29 ($57,313.13). Also, insider Ian Sutcliffe sold 1,799,646 shares of Countryside Properties stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of GBX 325 ($4.23), for a total transaction of £5,848,849.50 ($7,618,665.49).

About Countryside Properties

Countryside Properties PLC operates as a home builder and urban regeneration partner in the United Kingdom. It operates through two divisions, Housebuilding and Partnerships. The Housebuilding division develops large-scale sites, and provides private and affordable homes in London and the South East of England.

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