What’s Countrywide PLC Upside After Today’s Huge Increase?

 What's Countrywide PLC Upside After Today's Huge Increase?

The stock of Countrywide PLC (LON:CWD) is a huge mover today! The stock decreased 1.05% or GBX 1.99 on November 8, hitting GBX 188.41. About 307,515 shares traded hands. Countrywide PLC (LON:CWD) has declined 49.80% since April 8, 2016 and is downtrending. It has underperformed by 51.76% the S&P500.
The move comes after 5 months positive chart setup for the GBX 407.57 million company. It was reported on Nov, 8 by Barchart.com. We have GBX 284.50 PT which if reached, will make LON:CWD worth GBX 207.86M more.

Countrywide PLC (LON:CWD) Ratings Coverage

Out of 10 analysts covering Countrywide Plc (LON:CWD), 1 rate it a “Buy”, 1 “Sell”, while 8 “Hold”. This means 10% are positive. GBX 622 is the highest target while GBX 180 is the lowest. The GBX 352.75 average target is 87.22% above today’s (GBX 188.41) stock price. Countrywide Plc has been the topic of 27 analyst reports since July 30, 2015 according to StockzIntelligence Inc. Citigroup maintained Countrywide PLC (LON:CWD) on Wednesday, October 14 with “Buy” rating. The stock of Countrywide PLC (LON:CWD) has “Hold” rating given on Thursday, February 25 by Peel Hunt. The rating was maintained by Peel Hunt on Thursday, July 28 with “Hold”. Numis Securities downgraded the stock to “Hold” rating in Thursday, July 30 report. The rating was maintained by Credit Suisse on Friday, February 19 with “Neutral”. Credit Suisse maintained the shares of CWD in a report on Friday, July 31 with “Neutral” rating. Numis Securities upgraded it to “Add” rating and GBX 286 target price in Thursday, July 28 report. On Thursday, July 30 the stock rating was maintained by Panmure Gordon with “Hold”. The stock has “Neutral” rating given by UBS on Friday, November 6. Peel Hunt maintained Countrywide PLC (LON:CWD) rating on Monday, February 8. Peel Hunt has “Hold” rating and GBX 400 price target.

More news for Countrywide PLC (LON:CWD) were recently published by: Wsj.com, which released: “UK Property-Services Firm Countrywide Offers Fixed-Rate Online Service” on June 06, 2016. Marketwatch.com‘s article titled: “Countrywide future growth dented by Brexit” and published on July 28, 2016 is yet another important article.

Countrywide plc is a property services company. The company has a market cap of 407.57 million GBP. The Firm provides residential development and consultancy practices, surveying services, conveyancing services, corporate property services, leasehold estate management and auctions. It has a 7.84 P/E ratio. It operates through four divisions: Retail, London, Financial Services and Business to Business .

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