Shares of Countryside Properties PLC (LON:CSP) have earned a consensus recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 400 ($5.23).
A number of analysts have issued reports on CSP shares. Deutsche Bank started coverage on shares of Countryside Properties in a report on Monday, July 16th. They issued a “buy” rating and a GBX 426 ($5.57) price objective for the company. Berenberg Bank boosted their price objective on shares of Countryside Properties from GBX 335 ($4.38) to GBX 430 ($5.62) and gave the company a “buy” rating in a report on Wednesday, July 25th. Peel Hunt reissued a “buy” rating on shares of Countryside Properties in a report on Thursday, July 26th. Finally, Barclays boosted their price objective on shares of Countryside Properties from GBX 379 ($4.95) to GBX 400 ($5.23) and gave the company an “overweight” rating in a report on Friday, September 14th.
Countryside Properties stock traded up GBX 1.20 ($0.02) during midday trading on Friday, reaching GBX 314.40 ($4.11). The stock had a trading volume of 249,342 shares, compared to its average volume of 686,827. Countryside Properties has a twelve month low of GBX 228.90 ($2.99) and a twelve month high of GBX 372.80 ($4.87).
In other news, insider Ian Sutcliffe sold 1,799,646 shares of the company’s stock in a transaction that occurred on Tuesday, August 14th. The shares were sold at an average price of GBX 325 ($4.25), for a total transaction of £5,848,849.50 ($7,642,557.82).
Countryside Properties Company Profile
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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