Countrywide (LON:CWD) Earns Buy Rating from Berenberg Bank

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Berenberg Bank reissued their buy rating on shares of Countrywide (LON:CWD) in a report issued on Tuesday, Digital Look reports. They currently have a GBX 10 ($0.13) price objective on the stock.

A number of other research firms have also recently issued reports on CWD. Jefferies Financial Group reaffirmed a hold rating on shares of Countrywide in a report on Tuesday, June 25th. Peel Hunt reaffirmed a sell rating on shares of Countrywide in a report on Monday, July 29th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 11.33 ($0.15).

Countrywide stock opened at GBX 4.69 ($0.06) on Tuesday. The stock has a 50-day simple moving average of GBX 4.99 and a 200 day simple moving average of GBX 6.76. The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 182.77. Countrywide has a 12-month low of GBX 3.10 ($0.04) and a 12-month high of GBX 15.60 ($0.20). The stock has a market capitalization of $76.80 million and a price-to-earnings ratio of -1.34.

Countrywide Company Profile

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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