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).
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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.
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