The Property Franchise Group (LON:TPFG) Trading Down 1.9% – Here’s Why

The Property Franchise Group PLC (LON:TPFG)’s share price dropped 1.9% during trading on Thursday . The stock traded as low as GBX 470 and last traded at GBX 471.01. Approximately 52,062 shares were traded during trading, a decline of 63% from the average session volume of 141,104 shares. The stock had previously closed at GBX 480.

Analyst Ratings Changes

TPFG has been the subject of several recent research reports. Berenberg Bank reissued a “buy” rating and issued a GBX 680 target price on shares of The Property Franchise Group in a research report on Friday, May 1st. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 660 target price on shares of The Property Franchise Group in a report on Thursday, May 28th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 670.

The Property Franchise Group Stock Down 1.9%

The business has a 50-day simple moving average of GBX 479.04 and a two-hundred day simple moving average of GBX 477.01. The company has a quick ratio of 1.20, a current ratio of 3.29 and a debt-to-equity ratio of 10.83. The stock has a market capitalization of £300.28 million, a P/E ratio of 15.75 and a beta of 0.26.

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.