Investing

Analyst Calls On Countrywide (CFC) Still Way Off

A look at a collection of analyst calls on Countrywide Financial (CFC) shows that the mean target share price for the company is still above any level that makes sense.

CFC closed today at $8.64, down another 10%. To show how far off securities analysts can be, the Thomson/First Call target price for the stock is $23.35 based on information from ten analysts.

The average rating for the stock on a scale of 1 (strong buy) to 5 (strong sell) is 3.1.

That is pretty high for shares which could go to zero.

Douglas A. McIntyre

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.