Countryside Properties
CSP: 232.83 -0.40 (▼0.17%)
| Bid Price | 230.10 | High Price | 234.40 |
|---|---|---|---|
| Ask Price | 232.60 | Low Price | 227.70 |
| Open Price | 233.50 | Spread | 1.08% |
| Prev Close | 232.60 | Volume | 150,993.00 |
Countryside Properties Share Price Chart
Intraday
Historic – 1 year
Countryside Properties Share Price Information
| Name | Countryside Properties | Epic | CSP |
|---|---|---|---|
| Sector | Household Goods & Home Construction | ISIN | GB00BYPHNG03 |
| Activites | Countryside Properties plc is a leading UK home builder and urban regeneration partner, operating in London and the South East of England, and with a presence in the North West of England through its Partnerships division. The Group operates through two business divisions, Housebuilding and Partnerships. The Housebuilding division develops medium to larger-scale sites, providing private and affordable housing on land owned or controlled by the Group, primarily around London and in the South East of England. The Housebuilding division operates under both the Countryside and Millgate brands. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 232.60 | Net Gearing (%) | 98.04 |
|---|---|---|---|
| Market Cap (£m) | 1,055.93 | Gross Gearing (%) | 98.09 |
| Shares in issue (m) | 450.00 | Debt Ratio | 97.39 |
| P/E Ratio | 0.00 | Debt-to-Equity Ratio | 0.73 |
| Divs per share (p) | 0.00 | Assets / Equity Ratio | 52.36 |
| Dividend Yield (%) | 0.00 | Price to book value | 79.81 |
| Dividend Cover | 0.00 | SROCE (%) | 5.53 |
| Earning per share (p) | 0.00 | EPS Growth (%) | |
| 52-week high / low (p) | 290.00 / 170.60 | DPS Growth (%) |
Countryside Properties Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 12 Oct | Peel Hunt | Buy | 232.83 | 290.00 | Retains | |
| 16 Sep | Peel Hunt | Buy | 232.83 | 290.00 | 290.00 | Retains |
| 15 Aug | JP Morgan Cazenove | Neutral | 232.83 | 280.00 | 250.00 | Downgrades |
| 29 Jul | JP Morgan Cazenove | Overweight | 232.83 | 280.00 | 280.00 | Reiterates |
| 28 Jul | Peel Hunt | Buy | 232.83 | 290.00 | 290.00 | Retains |
Countryside Properties Director Deals
Countryside Properties Company News
Countryside Properties notes robust trading
Countryside Properties said trading over the summer months and into the autumn selling season has been robust.
“During the three month period following the EU Referendum we saw an initial increase in cancellation rates but this has been more than offset by trading since,” the company said in a statement.
“We enter 2017 with strong outlet growth and a record order book which leaves us well positioned to meet market expectations.
“While we are mindful of the medium-term uncertainty over Brexit, our targets, as outlined at the IPO, remain unchanged.
“We continue to be firmly on track to deliver over 3,600 completions per year, an operating margin of over 17% and improvement in ROCE to over 28% by 2018.”
Story provided by StockMarketWire.com
FLASH: Countryside Properties notes robust trading
Story provided by StockMarketWire.com
JP Morgan on UK housebuilders
JP Morgan Cazenove has upgraded its recommendation on UK housebuilder Persimmon (LON:PSN) to ‘overweight’ from ‘equal weight’ stating that its new rating reflects its “view that dividends could still beat, and a preference for balance sheet strength and ex-London”.
In the same note the City heavyweight downgraded Countryside Properties (LON:CSP) to ‘neutral’ from ‘overweight’, which it said was “as a relative call, after a period of strong performance”.
At 2:12pm:
(LON:CSP) Countryside Properties PLC share price was -8.7p at 234.1p
(LON:PSN) Persimmon PLC share price was +18p at 1730p
Story provided by StockMarketWire.com
Broker Forecast – JP Morgan Cazenove issues a broker note on Countryside Properties PLC
JP Morgan Cazenove today downgrades its investment rating on Countryside Properties PLC (LON:CSP) to neutral (from overweight) and cut its price target to 250p (from 280p).
Story provided by StockMarketWire.com
Broker Forecast – Barclays Capital issues a broker note on Countryside Properties PLC
Barclays Capital today reaffirms its overweight investment rating on Countryside Properties PLC (LON:CSP) and cut its price target to 248.20p (from 297p).
Story provided by StockMarketWire.com
