Countrywide’s (CWD) Sell Rating Reiterated at Numis Securities

Countrywide (LON:CWD)‘s stock had its “sell” rating reiterated by research analysts at Numis Securities in a report released on Wednesday, March 27th, LSE.Co.UK reports.

Separately, Peel Hunt downgraded Countrywide to a “sell” rating in a report on Thursday, March 7th. Three analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. Countrywide presently has a consensus rating of “Hold” and a consensus price target of GBX 17.84 ($0.23).

Shares of Countrywide stock traded down GBX 0.03 ($0.00) during trading hours on Wednesday, reaching GBX 7.41 ($0.10). 1,799,229 shares of the company’s stock were exchanged, compared to its average volume of 296,556. Countrywide has a 52-week low of GBX 7 ($0.09) and a 52-week high of GBX 66.75 ($0.87). The firm has a market cap of $121.23 million and a PE ratio of -0.24. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 40.00.

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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