Countryside Properties (LON:CSP) had its target price lifted by J P Morgan Chase & Co from GBX 335 ($4.51) to GBX 375 ($5.05) in a report issued on Thursday morning. The firm currently has a neutral rating on the stock.

CSP has been the topic of a number of other reports. Peel Hunt reiterated a buy rating and issued a GBX 420 ($5.65) price target on shares of Countryside Properties in a research report on Wednesday, November 22nd. Numis Securities reiterated an add rating and issued a GBX 373 ($5.02) price target 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 given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of GBX 371.40 ($5.00).

Shares of Countryside Properties (CSP) opened at GBX 341.80 ($4.60) on Thursday. Countryside Properties has a 1 year low of GBX 219.92 ($2.96) and a 1 year high of GBX 372.80 ($5.02).

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

The firm also recently disclosed a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, December 21st will be paid a GBX 5 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, December 21st. This represents a yield of 1.4%. This is a positive change from Countryside Properties’s previous dividend of $3.40.

In other Countryside Properties news, insider David Howell acquired 30,000 shares of Countryside Properties stock in a transaction on Monday, October 9th. The shares were bought at an average price of GBX 349 ($4.70) per share, with a total value 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.

Analyst Recommendations for Countryside Properties (LON:CSP)

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