November 29, 2016 - By Louis Casey
Research analysts at Numis have GBX 296.00 target on Countryside Properties PLC (LON:CSP). Numis’s target would indicate a potential upside of 26.39% from the company’s last close price. The rating was shown in an analyst note on Tuesday morning.
Out of 4 analysts covering Countryside Properties PLC (LON:CSP), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. GBX 297 is the highest target while GBX 248.20 is the lowest. The GBX 271.05 average target is 15.49% above today’s (GBX 234.7) stock price. Countryside Properties PLC has been the topic of 17 analyst reports since March 24, 2016 according to StockzIntelligence Inc. The rating was maintained by Peel Hunt with “Buy” on Friday, September 16. Peel Hunt maintained the shares of CSP in a report on Tuesday, November 29 with “Buy” rating. Peel Hunt maintained Countryside Properties PLC (LON:CSP) rating on Thursday, July 28. Peel Hunt has “Buy” rating and GBX 290 price target. The stock of Countryside Properties PLC (LON:CSP) has “Buy” rating given on Wednesday, May 18 by Numis Securities. The stock of Countryside Properties PLC (LON:CSP) has “Overweight” rating given on Thursday, July 7 by Barclays Capital. The stock of Countryside Properties PLC (LON:CSP) earned “Buy” rating by Numis Securities on Wednesday, October 12. The firm has “Buy” rating given on Wednesday, October 12 by Peel Hunt. The firm earned “Overweight” rating on Friday, July 29 by JP Morgan. Numis Securities maintained Countryside Properties PLC (LON:CSP) rating on Wednesday, April 13. Numis Securities has “Buy” rating and GBX 296 price target. JP Morgan downgraded Countryside Properties PLC (LON:CSP) on Monday, August 15 to “Neutral” rating.
About 123,466 shares traded hands. Countryside Properties PLC (LON:CSP) has declined 1.81% since April 28, 2016 and is downtrending. It has underperformed by 7.07% the S&P500.
Countryside Properties plc is a United Kingdom housebuilder and regeneration partner, primarily operating in London and the South East of England, and with a presence in the North West of England. The company has a market cap of 1.20 billion GBP. Countryside operates through two divisions: Housebuilding and Partnerships. It has a 40.8 P/E ratio. The Company’s Housebuilding division develops medium to larger-scale sites, providing private housing on private land, primarily around London and in the South East of England.
More recent Countryside Properties PLC (LON:CSP) news were published by: Nytimes.com which released: “DealBook|Countryside Properties Valued at $1.46 Billion in IPO” on February 12, 2016. Also Marketwatch.com published the news titled: “Countryside profit jumps; says market over Brexit” on November 29, 2016. Fool.Co.Uk‘s news article titled: “Is Countryside Properties plc a better buy than Persimmon plc?” with publication date: October 12, 2016 was also an interesting one.
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By Louis Casey