Countrywide Share Plunge Hits UK Funds

Britain's biggest estate agent, whose shares fell sharply on Thursday following a profit warning, is held by a number of UK equity funds

James Gard 19 January, 2018 | 2:51AM
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Houses for sale in the UK

Shares in Britain’s biggest estate agent, Countrywide (CWD), plunged 16% on Thursday as it issued a profit warning for 2017.

Pre-tax profit for 2017 residential estate agency and property services company is expected at £65 million, down from £83.5 million in 2016. The company, which owns estate agency brands Hamptons and Bairstow Eves, lost 32% of its value in 2017.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Fidelity UK Smaller Companies A-Acc397.10 GBP-0.08Rating
Jupiter Absolute Return Retail L Acc40.48 GBP-0.39Rating
Jupiter UK Growth L Inc251.21 GBP-0.76Rating

About Author

James Gard  is content editor for