Countryside Properties (CSP) Downgraded by JPMorgan Chase & Co.

Countryside Properties (LON:CSP) was downgraded by JPMorgan Chase & Co. to an “underweight” rating in a research note issued to investors on Monday.

A number of other analysts also recently issued reports on the stock. Peel Hunt reissued a “buy” rating and issued a GBX 420 ($5.49) price objective (down previously from GBX 470 ($6.14)) on shares of Countryside Properties in a report on Wednesday, October 10th. Berenberg Bank cut their price objective on shares of Countryside Properties from GBX 430 ($5.62) to GBX 390 ($5.10) and set a “buy” rating for the company in a report on Thursday, October 11th. Finally, Barclays cut their price objective on shares of Countryside Properties from GBX 400 ($5.23) to GBX 383 ($5.00) and set an “overweight” rating for the company in a report on Thursday, November 22nd. One analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 396.80 ($5.18).

Shares of CSP opened at GBX 315 ($4.12) on Monday. Countryside Properties has a one year low of GBX 228.90 ($2.99) and a one year high of GBX 372.80 ($4.87).

Countryside Properties (LON:CSP) last announced its quarterly earnings data on Wednesday, November 21st. The company reported GBX 36 ($0.47) EPS for the quarter, missing analysts’ consensus estimates of GBX 36.10 ($0.47) by GBX (0.10) ($0.00).

Countryside Properties Company Profile

Countryside Properties PLC operates as a home builder and urban regeneration partner in the United Kingdom. It operates through two divisions, Housebuilding and Partnerships. The Housebuilding division develops large-scale sites, and provides private and affordable homes in London and the South East of England.

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Analyst Recommendations for Countryside Properties (LON:CSP)

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