The Property Franchise Group (LON:TPFG) Shares Down 0.9% – Here’s Why

The Property Franchise Group PLC (LON:TPFGGet Free Report)’s share price traded down 0.9% on Friday . The stock traded as low as GBX 514 and last traded at GBX 514.50. 20,286 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 140,846 shares. The stock had previously closed at GBX 519.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Berenberg Bank restated a “buy” rating and set a GBX 645 price target on shares of The Property Franchise Group in a research note on Thursday, December 4th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 637 price objective on shares of The Property Franchise Group in a report on Thursday, December 4th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 641.

Check Out Our Latest Stock Report on The Property Franchise Group

The Property Franchise Group Stock Performance

The stock has a market cap of £328.00 million, a price-to-earnings ratio of 20.50 and a beta of 0.42. The company has a 50-day moving average of GBX 514.13 and a 200-day moving average of GBX 544.01.

About The Property Franchise Group

(Get Free Report)

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. The Property Franchise Group is also a member of two leading mortgage networks through its mortgage brokers, Brook Financial (MAB) and The Mortgage Genie (Primis).

TPFG’s brands are: Belvoir, CJ Hole, Country Properties, Ellis & Co, EweMove, Fine & Country, Hunters, Lovelle, Martin & Co, Mr and Mrs Clarke, Mullucks, Newton Fallowell, Nicholas Humphreys, Northwood, Parkers, The Guild of Property Professionals and Whitegates.

Headquartered in Bournemouth, the Company was listed on AIM on the London Stock Exchange in 2013 and entered the AIM 100 in July 2024.

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