Peel Hunt reiterated their buy rating on shares of Countryside Properties (LON:CSP) in a report released on Thursday, ThisIsMoney.Co.Uk reports.
Other equities research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. reiterated an underweight rating on shares of Countryside Properties in a research note on Friday, March 22nd. Berenberg Bank decreased their target price on shares of Countryside Properties from GBX 390 ($5.10) to GBX 370 ($4.83) and set a buy rating for the company in a research note on Monday, January 28th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of GBX 389.33 ($5.09).
LON CSP traded up GBX 0.80 ($0.01) during trading hours on Thursday, hitting GBX 323.40 ($4.23). The company had a trading volume of 534,548 shares, compared to its average volume of 686,827. Countryside Properties has a 1-year low of GBX 265.60 ($3.47) and a 1-year high of GBX 387 ($5.06). The company has a market capitalization of $1.44 billion and a PE ratio of 9.92. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.83 and a quick ratio of 0.60.
The firm also recently announced a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 23rd will be paid a dividend of GBX 6 ($0.08) per share. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a dividend yield of 1.88%. Countryside Properties’s dividend payout ratio (DPR) is 0.34%.
In other news, insider Rebecca J. Worthington sold 102,194 shares of the stock in a transaction dated Monday, February 18th. The shares were sold at an average price of GBX 303 ($3.96), for a total transaction of £309,647.82 ($404,609.72).
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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