Countrywide (LON:CWD) Receives “Sell” Rating from Peel Hunt

Peel Hunt reissued their sell rating on shares of Countrywide (LON:CWD) in a research note published on Monday morning, Stock Target Advisor reports.

Separately, Berenberg Bank cut their price objective on Countrywide from GBX 10 ($0.13) to GBX 6 ($0.08) and set a buy rating for the company in a research report on Tuesday, September 10th.

Shares of Countrywide stock traded up GBX 0.01 ($0.00) during trading on Monday, reaching GBX 4.75 ($0.06). 336,233 shares of the stock traded hands, compared to its average volume of 296,556. The company has a market capitalization of $77.81 million and a price-to-earnings ratio of -1.36. The business has a fifty day simple moving average of GBX 4.55 and a two-hundred day simple moving average of GBX 4.82. The company has a debt-to-equity ratio of 182.77, a current ratio of 0.91 and a quick ratio of 0.74. Countrywide has a 52-week low of GBX 3.10 ($0.04) and a 52-week high of GBX 11.32 ($0.15).

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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