Countryside Properties PLC (CSP.L) 25-11-19
Will shares in Countryside Properties PLC (CSP.L) continue to rally, setting new recent highs?
- Now trading at 379p (at time of writing), the price performance has been very strong.
- Will it come to an end, or is this trend your friend?
- Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
- Shares -0% from 12-month highs; +36% from 12 month lows.
21 Nov: Peel Hunt reiterates its buy rating on Countryside Properties (CSP) and increased the target price to 410p (from 375p).
21 Nov: Countryside, the home builder, announced that pre-tax profits were higher as revenue grew by in excess of 20%, due to an increase in completions. For the full year, pre-tax profit increased to £203.6m.
01 Oct: Deutsche Bank reiterates its buy rating on Countryside Properties (CSP) and increased the target price to 371p (from 353p).
27 Sep: Jefferies International reiterates its buy rating on Countryside Properties (CSP) and increased the target price to 454p (from 422p).
04 Sep: Deutsche Bank today initiates coverage of Countryside Properties (CSP) with a buy rating and target price of 353p.
25 Jul: Countryside Properties announced that it had sold marginally fewer homes and at reduced values in Q3, but said it expected to meet expectations for the year.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires