Countrywide PLC (CWD) Given Consensus Recommendation of “Hold” by Brokerages

Countrywide PLC (LON:CWD) has been given a consensus recommendation of “Hold” by the six brokerages that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 11 ($0.14).

A number of equities research analysts have issued reports on the company. Numis Securities restated a “sell” rating on shares of Countrywide in a research report on Wednesday, March 27th. Peel Hunt restated a “hold” rating on shares of Countrywide in a research report on Wednesday, February 13th. Finally, Berenberg Bank upgraded Countrywide to a “buy” rating and decreased their price objective for the company from GBX 95 ($1.24) to GBX 10 ($0.13) in a research report on Friday, April 5th.

Shares of LON:CWD traded up GBX 0.36 ($0.00) during mid-day trading on Friday, reaching GBX 7.36 ($0.10). The stock had a trading volume of 1,035,917 shares, compared to its average volume of 296,556. Countrywide has a 1 year low of GBX 7 ($0.09) and a 1 year high of GBX 66.75 ($0.87). The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 40.00. The company has a market capitalization of $117.14 million and a P/E ratio of -0.24.

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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