Shares of Countryside Properties PLC (LON:CSP) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 436.60 ($5.74) and last traded at GBX 436.01 ($5.74), with a volume of 36876 shares. The stock had previously closed at GBX 435.20 ($5.72).
A number of equities analysts have recently commented on CSP shares. Deutsche Bank increased their price objective on shares of Countryside Properties from GBX 371 ($4.88) to GBX 415 ($5.46) and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Jefferies Financial Group restated a “buy” rating and set a GBX 454 ($5.97) price objective (up from GBX 422 ($5.55)) on shares of Countryside Properties in a research note on Friday, September 27th. Berenberg Bank increased their price objective on shares of Countryside Properties from GBX 380 ($5.00) to GBX 440 ($5.79) and gave the stock a “buy” rating in a research note on Friday, November 29th. Finally, Peel Hunt restated a “buy” rating and set a GBX 410 ($5.39) price objective (up from GBX 375 ($4.93)) on shares of Countryside Properties in a research note on Monday, November 18th. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 416.83 ($5.48).
The stock’s 50 day moving average price is GBX 376.25 and its 200 day moving average price is GBX 323.13. The company has a current ratio of 3.21, a quick ratio of 0.81 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $1.93 billion and a price-to-earnings ratio of 11.51.
Countryside Properties (LON:CSP) last posted its quarterly earnings data on Thursday, November 21st. The company reported GBX 40.80 ($0.54) EPS for the quarter, topping the Zacks’ consensus estimate of GBX 39.60 ($0.52) by GBX 1.20 ($0.02). On average, research analysts expect that Countryside Properties PLC will post 3257.4576037 earnings per share for the current year.
The firm also recently disclosed a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, December 19th will be paid a dividend of GBX 10.30 ($0.14) per share. This represents a dividend yield of 2.77%. This is an increase from Countryside Properties’s previous dividend of $6.00. The ex-dividend date is Thursday, December 19th. Countryside Properties’s dividend payout ratio is currently 0.43%.
About Countryside Properties (LON:CSP)
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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