The Property Franchise Group (LON:TPFG) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of The Property Franchise Group (LON:TPFG) in a report released on Thursday morning, Marketbeat reports. Canaccord Genuity Group currently has a GBX 637 target price on the stock.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 645 target price on shares of The Property Franchise Group in a research note on Thursday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, The Property Franchise Group presently has an average rating of “Buy” and an average price target of GBX 641.

The Property Franchise Group Price Performance

Shares of TPFG opened at GBX 526 on Thursday. The business’s 50-day moving average is GBX 533.43 and its 200-day moving average is GBX 540.48. The company has a market capitalization of £335.34 million, a price-to-earnings ratio of 20.96 and a beta of 0.42. The Property Franchise Group has a fifty-two week low of GBX 392 and a fifty-two week high of GBX 600.

The Property Franchise Group (LON:TPFG) last posted 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 research analysts expect that The Property Franchise Group will post 34.5809601 earnings per share for the current fiscal 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.