Countryside Properties PLC (LON:CSP) has earned a consensus recommendation of “Buy” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 387.67 ($5.07).
CSP has been the subject of a number of research analyst reports. Peel Hunt dropped their price target on Countryside Properties from GBX 420 ($5.49) to GBX 375 ($4.90) and set a “buy” rating for the company in a research report on Wednesday, November 21st. Barclays dropped their price target on Countryside Properties from GBX 400 ($5.23) to GBX 383 ($5.00) and set an “overweight” rating for the company in a research report on Thursday, November 22nd. JPMorgan Chase & Co. downgraded Countryside Properties to an “underweight” rating in a research report on Monday, January 14th. Finally, Berenberg Bank dropped their price target on Countryside Properties from GBX 390 ($5.10) to GBX 370 ($4.83) and set a “buy” rating for the company in a research report on Monday, January 28th.
Shares of CSP traded up GBX 6.20 ($0.08) during trading hours on Thursday, reaching GBX 332.40 ($4.34). 624,895 shares of the company’s stock traded hands, compared to its average volume of 686,827. The company has a market cap of $1.49 billion and a PE ratio of 10.20. The company has a current ratio of 2.83, a quick ratio of 0.60 and a debt-to-equity ratio of 0.28. Countryside Properties has a 12 month low of GBX 265.60 ($3.47) and a 12 month high of GBX 387 ($5.06).
In other news, insider Rebecca J. Worthington sold 102,194 shares of Countryside Properties stock in a transaction dated Monday, February 18th. The stock was sold at an average price of GBX 303 ($3.96), for a total transaction of £309,647.82 ($404,609.72).
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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