Shore Capital Reiterates “Not Rated” Rating for Countryside Properties (CSP)

Shore Capital reaffirmed their not rated rating on shares of Countryside Properties (LON:CSP) in a research note published on Thursday, Digital Look reports.

A number of other research firms have also recently commented on CSP. JPMorgan Chase & Co. reiterated a neutral rating and set a GBX 375 ($4.90) price objective on shares of Countryside Properties in a research report on Thursday, April 18th. Berenberg Bank decreased their price target on Countryside Properties from GBX 390 ($5.10) to GBX 370 ($4.83) and set a buy rating on the stock in a research note on Monday, January 28th. Peel Hunt reissued a buy rating on shares of Countryside Properties in a research note on Monday, April 15th. Finally, Numis Securities reissued a buy rating and issued a GBX 407 ($5.32) price target (down from GBX 410 ($5.36)) on shares of Countryside Properties in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of GBX 389.33 ($5.09).

Countryside Properties stock opened at GBX 321.85 ($4.21) on Thursday. The stock has a market cap of $1.44 billion and a P/E ratio of 9.87. Countryside Properties has a 52 week low of GBX 265.60 ($3.47) and a 52 week high of GBX 380.40 ($4.97). The company has a debt-to-equity ratio of 0.28, a current ratio of 2.83 and a quick ratio of 0.60.

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, May 23rd will be paid a GBX 6 ($0.08) dividend. This represents a yield of 1.88%. The ex-dividend date is Thursday, May 23rd. Countryside Properties’s payout ratio is 0.34%.

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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