Countryside Partnerships (LON:CSP) PT Lowered to GBX 240

Countryside Partnerships (LON:CSPGet Rating) had its price objective cut by analysts at JPMorgan Chase & Co. from GBX 250 ($3.08) to GBX 240 ($2.96) in a research report issued on Friday, reports. The brokerage presently has an “underweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential downside of 2.76% from the company’s previous close.

A number of other research firms also recently weighed in on CSP. Barclays restated an “overweight” rating and set a GBX 520 ($6.41) price target on shares of Countryside Partnerships in a report on Friday, January 28th. Berenberg Bank dropped their target price on shares of Countryside Partnerships from GBX 510 ($6.29) to GBX 270 ($3.33) and set a “hold” rating on the stock in a report on Wednesday, April 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 342 ($4.22) target price on shares of Countryside Partnerships in a report on Friday, April 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Countryside Partnerships has an average rating of “Buy” and an average price target of GBX 462.67 ($5.70).

Countryside Partnerships stock opened at GBX 246.80 ($3.04) on Friday. The company has a market capitalization of £1.24 billion and a P/E ratio of 17.91. The firm’s fifty day simple moving average is GBX 256.38 and its 200-day simple moving average is GBX 339.19. The company has a current ratio of 3.90, a quick ratio of 0.61 and a debt-to-equity ratio of 6.79. Countryside Partnerships has a 1-year low of GBX 217.60 ($2.68) and a 1-year high of GBX 579.50 ($7.14).

About Countryside Partnerships (Get Rating)

Countryside Partnerships PLC operates as a home builder and urban regeneration partner in the United Kingdom. The company offers mixed tenure developments, including affordable homes, homes for the private rental sector, and homes for private sale across London, the North, the Midlands, the South West and the Home Counties.

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Analyst Recommendations for Countryside Partnerships (LON:CSP)

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