Countrywide (LON:CWD) Rating Reiterated by Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Countrywide (LON:CWD) in a research report report published on Tuesday morning, Digital Look reports. Berenberg Bank currently has a GBX 10 ($0.13) price target on the stock.

Several other research analysts have also recently commented on CWD. Jefferies Financial Group reiterated a hold rating on shares of Countrywide in a report on Tuesday, June 25th. Peel Hunt reiterated a sell rating on shares of Countrywide in a report on Monday, July 29th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 11.33 ($0.15).

Shares of CWD traded down GBX 0.22 ($0.00) during midday trading on Tuesday, hitting GBX 4.75 ($0.06). The stock had a trading volume of 671,883 shares, compared to its average volume of 296,556. Countrywide has a fifty-two week low of GBX 3.10 ($0.04) and a fifty-two week high of GBX 15.60 ($0.20). The stock’s 50-day moving average price is GBX 4.96. The company has a market capitalization of $79.04 million and a price-to-earnings ratio of -1.36. The company has a current ratio of 0.91, a quick ratio of 0.74 and a debt-to-equity ratio of 182.77.

About Countrywide

Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. It operates through 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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