The Property Franchise Group (LON:TPFG) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of The Property Franchise Group (LON:TPFG) in a research note released on Friday, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 660 price target on the stock.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 680 price target on shares of The Property Franchise Group in a report on Friday, May 1st. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 670.

The Property Franchise Group Price Performance

Shares of TPFG stock opened at GBX 442 on Friday. The firm has a market capitalization of £281.78 million, a price-to-earnings ratio of 14.78 and a beta of 0.26. The company has a debt-to-equity ratio of 10.83, a quick ratio of 1.20 and a current ratio of 3.29. The Property Franchise Group has a fifty-two week low of GBX 349 and a fifty-two week high of GBX 600. The stock’s 50-day simple moving average is GBX 475.68 and its 200-day simple moving average is GBX 475.01.

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. 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.