Countrywide (LON:CWD) Receives “Hold” Rating from Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Countrywide (LON:CWD) in a report issued on Wednesday, October 3rd. Peel Hunt currently has a GBX 12 ($0.16) price objective on the stock.

CWD has been the topic of a number of other research reports. Numis Securities cut Countrywide to a hold rating and cut their price target for the company from GBX 89 ($1.16) to GBX 38 ($0.50) in a report on Tuesday, June 26th. Citigroup reaffirmed a neutral rating on shares of Countrywide in a report on Friday, July 13th. Finally, Credit Suisse Group raised Countrywide to a neutral rating and cut their price target for the company from GBX 77 ($1.01) to GBX 17.20 ($0.22) in a report on Wednesday, August 8th. One research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. Countrywide has an average rating of Hold and an average price target of GBX 54.89 ($0.72).

LON:CWD opened at GBX 11 ($0.14) on Wednesday. Countrywide has a one year low of GBX 66.64 ($0.87) and a one year high of GBX 189.25 ($2.47).

In other news, insider Natalie Ceeney bought 101,514 shares of the company’s stock in a transaction that occurred on Monday, September 24th. The shares were purchased at an average price of GBX 12 ($0.16) per share, with a total value of £12,181.68 ($15,917.52).

Countrywide Company Profile

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

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Analyst Recommendations for Countrywide (LON:CWD)

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