Shares of Countryside Properties PLC (LON:CSP) earned a consensus “Buy” rating from the nine brokerages that currently cover the company, MarketBeat.com reports. One equity research analyst rated the stock with a sell recommendation, two issued a hold recommendation and six issued a buy recommendation on the company. The 1-year average price target among analysts who have rated the stock over the past year is 520.25 GBX ($7.04).
Several equity research analysts have recently commented on the company. JPMorgan Chase & Co. cut its price target on Countryside Properties from 450 GBX ($6.09) to 340 GBX ($4.60) and set an “underweight” rating for the company in a research note Monday, January 17. Barclays reaffirmed an “overweight” rating and set a price target of 520 GBX ($7.04) on shares of Countryside Properties in a Friday, January 28 report. Peel Hunt reaffirmed a “buy” rating and set a GBX 560 ($7.58) price target on shares of Countryside Properties in a Tuesday, November 30 report. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on Countryside Properties shares in a Tuesday, February 8 report. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 510 ($6.90) price target on shares of Countryside Properties in a Monday, January 31 report.
Separately, insider Iain McPherson acquired 55,935 shares of the company in a trade dated Monday, Dec. 20. The shares were purchased at an average cost of 417 GBX ($5.64) per share, for a total transaction of £233,248.95 ($315,627.81). Additionally, insider John W. Martin acquired 47,487 shares of the company in a trade dated Wednesday, Dec. 1. The stock was purchased at an average price of 421 GBX ($5.70) per share, for a total transaction of £199,920.27 ($270,528.11).
LON CSP opened Monday at 292.60 GBX ($3.96). The company has a quick ratio of 0.61, a current ratio of 3.90 and a debt ratio of 6.79. Countryside Properties has a 52-week low of 290.80 GBX ($3.94) and a 52-week high of 579.50 GBX ($7.84). The company’s 50-day simple moving average is 372.19 GBX and its 200-day simple moving average is 456.17 GBX. The company has a market capitalization of £1.50 billion and a PE ratio of 21.36.
About Country Properties
Countryside Properties PLC operates as a homebuilder and urban regeneration partner in the UK. It operates through two segments, Partnerships and Housing Construction. The Partnerships segment specializes in urban regeneration of public sector land that provides private, affordable and private rental housing in partnership with local authorities and housing associations.
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