The Property Franchise Group’s (TPFG) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of The Property Franchise Group (LON:TPFG) in a research report report published on Thursday, Marketbeat.com reports. The brokerage currently has a GBX 645 price target on the stock.

The Property Franchise Group Stock Performance

The Property Franchise Group stock opened at GBX 526 on Thursday. The Property Franchise Group has a 1 year low of GBX 392 and a 1 year high of GBX 600. The firm’s 50-day moving average is GBX 533.43 and its 200-day moving average is GBX 540.48. The company has a market cap of £335.34 million, a P/E ratio of 20.96 and a beta of 0.42.

The Property Franchise Group (LON:TPFG) last released its quarterly earnings data on Wednesday, September 10th. The company reported GBX 18.30 earnings per share for the quarter. The Property Franchise Group had a net margin of 18.96% and a return on equity of 8.40%. As a group, sell-side analysts predict that The Property Franchise Group will post 34.5809601 earnings per share for the current year.

About The Property Franchise Group

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.