Countryside Properties PLC (LON:CSP) was downgraded by equities research analysts at Barclays PLC to an “equal weight” rating in a research note issued on Thursday. They presently have a GBX 359 ($4.69) target price on the stock, up from their prior target price of GBX 353 ($4.61). Barclays PLC’s price target indicates a potential upside of 2.92% from the company’s current price.
Several other analysts have also issued reports on CSP. J P Morgan Chase & Co upgraded Countryside Properties PLC to an “overweight” rating and set a GBX 275 ($3.59) price objective for the company in a report on Thursday, April 6th. Peel Hunt reiterated a “buy” rating and set a GBX 310 ($4.05) price objective on shares of Countryside Properties PLC in a report on Wednesday, April 12th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 346 ($4.52) price objective on shares of Countryside Properties PLC in a report on Wednesday, April 12th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 330 ($4.31) price objective on shares of Countryside Properties PLC in a report on Tuesday, May 16th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 353 ($4.61).
Shares of Countryside Properties PLC (LON CSP) opened at 350.00 on Thursday. The firm’s 50-day moving average price is GBX 321.28 and its 200-day moving average price is GBX 263.04. Countryside Properties PLC has a 52-week low of GBX 215.70 and a 52-week high of GBX 362.50. The stock’s market cap is GBX 282.13 million.
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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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