The Property Franchise Group (LON:TPFG) Stock Price Down 0.4% – Here’s What Happened

The Property Franchise Group PLC (LON:TPFG)’s share price fell 0.4% during trading on Tuesday . The stock traded as low as GBX 538.21 and last traded at GBX 542. 122,560 shares were traded during trading, a decline of 19% from the average session volume of 150,599 shares. The stock had previously closed at GBX 544.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on TPFG shares. Canaccord Genuity Group upped their target price on The Property Franchise Group from GBX 595 to GBX 637 and gave the stock a “buy” rating in a research note on Monday, August 4th. Berenberg Bank upped their price objective on shares of The Property Franchise Group from GBX 620 to GBX 645 and gave the stock a “buy” rating in a research report on Monday, September 15th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 641.

The Property Franchise Group Trading Down 0.4%

The stock has a fifty day moving average of GBX 570.92 and a two-hundred day moving average of GBX 529.52. The company has a market capitalization of £345.54 million, a PE ratio of 21.59 and a beta of 0.42.

The Property Franchise Group (LON:TPFG) last issued its quarterly earnings results on Wednesday, September 10th. The company reported GBX 18.30 EPS for the quarter. The Property Franchise Group had a net margin of 18.96% and a return on equity of 8.40%. Equities analysts forecast that The Property Franchise Group PLC will post 34.5809601 EPS for the current year.

The Property Franchise Group Company Profile

The Property Franchise Group PLC (AIM: TPFG) is the UK’s largest multi-brand property franchisor, with a network of over 1,946 outlets delivering high quality services to residential clients, combined with an established Financial Services business.

The Company was founded in 1986 and has since strategically grown to a diverse portfolio of 18 brands operating throughout the UK, comprising longstanding high-street focused brands and two hybrid brands.