Countrywide PLC (CWD) Receives Consensus Rating of “Hold” from Brokerages

Shares of Countrywide PLC (LON:CWD) have received an average rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 166.33 ($2.17).

Several equities analysts have recently commented on CWD shares. Peel Hunt reaffirmed a “reduce” rating and set a GBX 165 ($2.15) price objective on shares of Countrywide PLC in a research note on Wednesday, April 26th. Jefferies Group LLC reaffirmed a “hold” rating and set a GBX 180 ($2.34) price objective on shares of Countrywide PLC in a research note on Monday, June 26th.

Countrywide PLC (LON CWD) opened at 156.00 on Tuesday. The stock has a 50 day moving average price of GBX 161.11 and a 200 day moving average price of GBX 168.19. Countrywide PLC has a 52-week low of GBX 145.50 and a 52-week high of GBX 279.54. The company’s market capitalization is GBX 356.44 million.

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In related news, insider Himanshu Raja purchased 122,841 shares of the firm’s stock in a transaction that occurred on Tuesday, June 6th. The stock was bought at an average cost of GBX 162 ($2.11) per share, with a total value of £199,002.42 ($259,151.48). Over the last three months, insiders purchased 123,120 shares of company stock valued at $19,945,203.

Countrywide PLC Company Profile

Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. It operates through four segments: Retail, London, Financial Services, and B2B. The company offers surveying services, including valuation panel management services, residential valuations, and surveys for mortgage lenders; leasehold, commercial, relocation, and residential property management services; and sells residential, commercial, industrial, and agricultural properties, as well as land through public auction.

Analyst Recommendations for Countrywide PLC (LON:CWD)

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