Countrywide Plc (LON:CWD) “Underperform” Rating Reconfirmed by Analysts at Credit Suisse; The Target Price is GBX 77.00; 5 Analysts Are Bullish Immersion (IMMR) Last Week

March 13, 2018 - By Jerrie Dane

Among 5 analysts covering Immersion (NASDAQ:IMMR), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Immersion had 11 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, May 6 by Craig Hallum. The stock of Immersion Corporation (NASDAQ:IMMR) has “Buy” rating given on Wednesday, August 2 by Cowen & Co. Craig Hallum maintained it with “Buy” rating and $17.0 target in Friday, February 23 report. Craig Hallum maintained the shares of IMMR in report on Monday, January 29 with “Buy” rating. The rating was upgraded by TheStreet on Thursday, August 27 to “Hold”. On Thursday, August 6 the stock rating was downgraded by Zacks to “Buy”. Craig Hallum upgraded Immersion Corporation (NASDAQ:IMMR) rating on Tuesday, January 16. Craig Hallum has “Buy” rating and $12.0 target. The rating was initiated by Lake Street with “Buy” on Monday, April 18. The stock has “Buy” rating by FBR Capital on Friday, February 23. See Immersion Corporation (NASDAQ:IMMR) latest ratings:

23/02/2018 Broker: Craig Hallum Rating: Buy New Target: $17.0 Maintain
23/02/2018 Broker: FBR Capital Rating: Buy New Target: $18.0 Maintain
29/01/2018 Broker: Craig Hallum Rating: Buy New Target: $15.0 Maintain
16/01/2018 Broker: Craig Hallum Rating: Buy New Target: $12.0 Upgrade
30/11/2017 Broker: FBR Capital Rating: Buy New Target: $9.75
30/10/2017 Broker: B. Riley & Co Rating: Buy New Target: $9.75

They currently have a GBX 77.00 price target on Countrywide Plc (LON:CWD). Credit Suisse’s target would suggest a potential downside of -8.77% from the company’s previous close. This was disclosed in analysts note on Tuesday morning.

Immersion Corporation creates, designs, develops, and licenses haptic technologies in North America, Europe, and Asia. The company has market cap of $373.29 million. The Company’s technologies allow people to use their sense of touch when they engage with various digital products. It currently has negative earnings. The firm offers TouchSense Lite and TouchSense Premium toolkits that enable original equipment manufacturers and their suppliers to add customized haptic technologies to their own branded devices and other products.

The stock increased 1.44% or $0.18 during the last trading session, reaching $12.67. About 602,765 shares traded. Immersion Corporation (NASDAQ:IMMR) has risen 32.89% since March 13, 2017 and is uptrending. It has outperformed by 16.19% the S&P500.

Investors sentiment decreased to 0.79 in Q3 2017. Its down 0.46, from 1.25 in 2017Q2. It turned negative, as 8 investors sold Immersion Corporation shares while 16 reduced holdings. 7 funds opened positions while 23 raised stakes. 20.81 million shares or 8.10% more from 19.25 million shares in 2017Q2 were reported. Deutsche Comml Bank Ag has invested 0% of its portfolio in Immersion Corporation (NASDAQ:IMMR). Alliancebernstein Ltd Partnership invested 0% in Immersion Corporation (NASDAQ:IMMR). Comml Bank Of America Corp De reported 3,241 shares. University Of Notre Dame Du Lac has invested 1.62% in Immersion Corporation (NASDAQ:IMMR). Clearline Cap Limited Partnership invested 0.37% in Immersion Corporation (NASDAQ:IMMR). Barclays Pcl holds 773 shares or 0% of its portfolio. 110,057 were reported by Parallax Volatility Advisers L P. Grp One Trading Limited Partnership accumulated 96,064 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 840 shares or 0% of all its holdings. Cooper Creek Prtnrs Management holds 2.04% of its portfolio in Immersion Corporation (NASDAQ:IMMR) for 421,501 shares. Price T Rowe Assoc Md stated it has 0% of its portfolio in Immersion Corporation (NASDAQ:IMMR). Marathon Cap Management stated it has 0.11% of its portfolio in Immersion Corporation (NASDAQ:IMMR). Dimensional Fund Advisors Limited Partnership holds 0% of its portfolio in Immersion Corporation (NASDAQ:IMMR) for 79,056 shares. Ny State Common Retirement Fund stated it has 25,600 shares. California State Teachers Retirement System invested 0% in Immersion Corporation (NASDAQ:IMMR).

Since December 8, 2017, it had 2 insider purchases, and 4 insider sales for $3.08 million activity. On Friday, December 8 the insider Raging Capital Management – LLC bought $1.18 million. $45,110 worth of Immersion Corporation (NASDAQ:IMMR) shares were sold by Erba Nancy. Peters Anne Marie had sold 4,435 shares worth $52,662.

Among 11 analysts covering Countrywide Plc (LON:CWD), 0 have Buy rating, 4 Sell and 7 Hold. Therefore 0 are positive. Countrywide Plc has GBX 622 highest and GBX 85 lowest target. GBX 208.36’s average target is 148.64% above currents GBX 83.8 stock price. Countrywide Plc had 54 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Friday, March 9 by Numis Securities. Citigroup maintained Countrywide plc (LON:CWD) on Wednesday, October 14 with “Buy” rating. The firm earned “Underperform” rating on Thursday, October 26 by Credit Suisse. The stock has “Hold” rating by Berenberg on Wednesday, January 24. The rating was maintained by Jefferies on Monday, June 26 with “Hold”. The rating was maintained by Citigroup on Tuesday, May 10 with “Neutral”. The stock has “Neutral” rating by Citigroup on Tuesday, October 31. Peel Hunt maintained Countrywide plc (LON:CWD) rating on Thursday, February 25. Peel Hunt has “Hold” rating and GBX 400 target. Citigroup maintained the shares of CWD in report on Wednesday, January 18 with “Neutral” rating. Peel Hunt maintained the shares of CWD in report on Thursday, November 24 with “Hold” rating.

Countrywide plc, together with its subsidiaries, provides residential estate agency and property services in the United Kingdom. The company has market cap of 198.63 million GBP. It operates through four divisions: Retail, London, Financial Services, and B2B. It currently has negative earnings. The firm offers surveying services, including valuation panel management services, residential valuations, and surveys for mortgage lenders; leasehold, commercial, relocation, and residential property management services; and sells residential, commercial, industrial, and agricultural properties, as well as land through public auction.