Countryside Properties PLC (CSP) Given Average Rating of “Buy” by Brokerages

Shares of Countryside Properties PLC (LON:CSP) have been given an average rating of “Buy” by the six analysts that are currently covering the stock, MarketBeat reports. One investment 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 price target 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 several recent analyst reports. JPMorgan Chase & Co. cut Countryside Properties to an “underweight” rating in a research note on Monday, January 14th. Peel Hunt restated a “buy” rating on shares of Countryside Properties in a research note on Thursday, January 24th. Finally, Berenberg Bank reduced their price objective on shares of Countryside Properties from GBX 390 ($5.10) to GBX 370 ($4.83) and set a “buy” rating for the company in a report on Monday, January 28th.

LON CSP traded up GBX 4.20 ($0.05) on Monday, hitting GBX 325.60 ($4.25). The stock had a trading volume of 662,911 shares, compared to its average volume of 686,827. Countryside Properties has a one year low of GBX 265.60 ($3.47) and a one year high of GBX 387 ($5.06). The stock has a market cap of $1.45 billion and a price-to-earnings ratio of 9.99. The company has a current ratio of 2.83, a quick ratio of 0.60 and a debt-to-equity ratio of 0.28.

In other Countryside Properties news, insider Rebecca J. Worthington sold 102,194 shares of the company’s stock in a transaction that occurred on Monday, February 18th. The stock was sold at an average price of GBX 303 ($3.96), for a total value of £309,647.82 ($404,609.72).

About Countryside Properties

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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Analyst Recommendations for Countryside Properties (LON:CSP)

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