Countryside Properties (LON:CSP) Stock Rating Reaffirmed by J P Morgan Chase & Co

Countryside Properties (LON:CSP)‘s stock had its “neutral” rating reissued by stock analysts at J P Morgan Chase & Co in a note issued to investors on Monday, November 27th. They presently have a GBX 335 ($4.51) target price on the stock. J P Morgan Chase & Co’s price target indicates a potential downside of 1.58% from the company’s current price.

A number of other analysts have also issued reports on the stock. Peel Hunt upgraded shares of Countryside Properties to a “buy” rating and raised their target price for the stock from GBX 395 ($5.32) to GBX 420 ($5.65) in a research report on Wednesday, September 27th. Numis Securities restated an “add” rating and set a GBX 373 ($5.02) target price on shares of Countryside Properties in a research report on Wednesday, November 22nd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 363.40 ($4.89).

Shares of Countryside Properties (CSP) opened at GBX 348.30 ($4.69) on Monday. Countryside Properties has a fifty-two week low of GBX 219.92 ($2.96) and a fifty-two week high of GBX 372.80 ($5.02).

Countryside Properties (LON:CSP) last issued its quarterly earnings data on Wednesday, November 22nd. The company reported GBX 27.80 ($0.37) earnings per share for the quarter, topping the Zacks’ consensus estimate of GBX 27 ($0.36) by GBX 0.80 ($0.01). Countryside Properties had a net margin of 13.71% and a return on equity of 20.47%. The business had revenue of £845.80 million during the quarter.

In related news, insider David Howell purchased 30,000 shares of the firm’s stock in a transaction on Monday, October 9th. The shares were bought at an average price of GBX 349 ($4.70) per share, for a total transaction of £104,700 ($140,915.21).

COPYRIGHT VIOLATION WARNING: This piece was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at

Countryside Properties Company Profile

Countryside Properties plc (Countryside) is a United Kingdom-based housebuilder and regeneration partner, primarily operating in London and the South East of England, and with a presence in the North West of England. Countryside operates through two divisions: Housebuilding and Partnerships. 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.

Analyst Recommendations for Countryside Properties (LON:CSP)

Receive News & Ratings for Countryside Properties PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Countryside Properties PLC and related companies with's FREE daily email newsletter.

Leave a Reply