Countrywide PLC (CWD) Stock Rating Reaffirmed by Credit Suisse Group

Countrywide PLC (LON:CWD)‘s stock had its “underperform” rating reiterated by research analysts at Credit Suisse Group in a note issued to investors on Thursday. They presently have a GBX 111 ($1.46) target price on the stock. Credit Suisse Group’s price target would suggest a potential downside of 8.45% from the stock’s current price.

Several other equities analysts have also recently weighed in on CWD. Jefferies Group LLC restated a “hold” rating and issued a GBX 150 ($1.98) price objective on shares of Countrywide PLC in a report on Friday, July 28th. Peel Hunt reduced their price target on Countrywide PLC from GBX 145 ($1.91) to GBX 115 ($1.52) and set a “reduce” rating for the company in a report on Wednesday, September 27th. Finally, Berenberg Bank began coverage on Countrywide PLC in a report on Thursday, October 12th. They set a “sell” rating and a GBX 95 ($1.25) price objective for the company. Four research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Countrywide PLC presently has an average rating of “Hold” and an average price target of GBX 144.25 ($1.90).

Countrywide PLC (CWD) opened at 121.25 on Thursday. The firm has a 50-day moving average price of GBX 121.02 and a 200-day moving average price of GBX 150.16. Countrywide PLC has a 52 week low of GBX 105.25 and a 52 week high of GBX 231.97. The stock’s market cap is GBX 277.04 million.

WARNING: “Countrywide PLC (CWD) Stock Rating Reaffirmed by Credit Suisse Group” was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another domain, it was illegally copied and republished in violation of international trademark & copyright law. The legal version of this article can be accessed at

In other news, insider Himanshu Raja acquired 10,592 shares of the stock in a transaction on Wednesday, September 6th. The stock was acquired at an average cost of GBX 135 ($1.78) per share, for a total transaction of £14,299.20 ($18,869.36). Over the last 90 days, insiders have acquired 100,335 shares of company stock valued at $13,545,024.

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)

Receive News & Ratings for Countrywide PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Countrywide PLC and related companies with's FREE daily email newsletter.

Leave a Reply