Canaccord Genuity Group Cuts The Property Franchise Group (LON:TPFG) Price Target to GBX 640

The Property Franchise Group (LON:TPFG) had its target price trimmed by Canaccord Genuity Group from GBX 660 to GBX 640 in a report issued on Wednesday,Digital Look reports. The brokerage currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on TPFG. Peel Hunt reiterated a “buy” rating and set a GBX 650 price objective on shares of The Property Franchise Group in a research note on Wednesday, August 5th. Berenberg Bank restated a “buy” rating and set a GBX 680 price objective on shares of The Property Franchise Group in a research note on Wednesday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 656.67.

The Property Franchise Group Stock Up 0.2%

Shares of LON TPFG opened at GBX 449.78 on Wednesday. The stock has a market capitalization of £286.74 million, a PE ratio of 15.04 and a beta of 0.25. The company has a quick ratio of 1.20, a current ratio of 1.78 and a debt-to-equity ratio of 10.48. The firm has a fifty day moving average of GBX 455.98 and a 200-day moving average of GBX 460.72. The Property Franchise Group has a 52-week low of GBX 349 and a 52-week high of GBX 600.

The Property Franchise Group (LON:TPFG) last issued its earnings results on Wednesday, September 9th. The company reported GBX 19.80 earnings per share for the quarter. The Property Franchise Group had a return on equity of 11.70% and a net margin of 20.77%. On average, analysts anticipate that The Property Franchise Group will post 34.5809601 EPS 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. 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.