Today, Numis Securities Ltd Downgrade Countrywide PLC (CWD) to Hold

Today, Numis Securities Ltd Downgrade Countrywide PLC (CWD) to Hold

Countrywide PLC (LON:CWD) was downgraded by equities researchers at Numis Securities Ltd to a “hold” rating in a report released on Friday. They currently have a GBX 175 ($2.19) target price on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 3.24% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Barclays PLC reduced their target price on Countrywide PLC from GBX 400 ($5.00) to GBX 250.50 ($3.13) and set an “equal weight” rating for the company in a research note on Thursday, September 22nd. Peel Hunt reduced their target price on Countrywide PLC from GBX 250 ($3.12) to GBX 170 ($2.12) and set a “hold” rating for the company in a research note on Thursday. Jefferies Group reiterated a “hold” rating and set a GBX 180 ($2.25) target price on shares of Countrywide PLC in a research note on Thursday. Finally, Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 288 ($3.60) target price on shares of Countrywide PLC in a research note on Monday, August 1st. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 225.56 ($2.82).

Countrywide PLC (LON:CWD) traded up 3.13% during trading on Friday, reaching GBX 174.80. 1,641,905 shares of the company were exchanged. Countrywide PLC has a 52-week low of GBX 164.20 and a 52-week high of GBX 428.40. The firm’s 50 day moving average is GBX 195.41 and its 200 day moving average is GBX 257.74. The stock’s market capitalization is GBX 380.92 million.

Related posts

Leave a Comment