Canaccord Genuity Group Issues Positive Forecast for The Property Franchise Group (LON:TPFG) Stock Price

The Property Franchise Group (LON:TPFG) had its target price boosted by Canaccord Genuity Group from GBX 637 to GBX 660 in a research note published on Wednesday, Marketbeat reports. Canaccord Genuity Group currently has a buy rating on the stock.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 645 price objective on shares of The Property Franchise Group in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 652.50.

The Property Franchise Group Trading Down 0.3%

Shares of TPFG stock opened at GBX 438.66 on Wednesday. The company has a market capitalization of £279.65 million, a price-to-earnings ratio of 17.48 and a beta of 0.17. The company has a current ratio of 3.29, a quick ratio of 1.20 and a debt-to-equity ratio of 10.83. The firm has a 50-day moving average price of GBX 479.58 and a 200 day moving average price of GBX 517.87. The Property Franchise Group has a twelve month low of GBX 349 and a twelve month high of GBX 600.

The Property Franchise Group (LON:TPFG) last released its quarterly earnings results on Tuesday, March 17th. The company reported GBX 40.30 earnings per share (EPS) for the quarter. The Property Franchise Group had a net margin of 22.61% and a return on equity of 12.56%. Research analysts forecast 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. 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.