The Property Franchise Group (LON:TPFG) Given “Buy” Rating at Canaccord Genuity Group

The Property Franchise Group (LON:TPFG)‘s stock had its “buy” rating reissued by equities research analysts at Canaccord Genuity Group in a research note issued on Tuesday, Digital Look reports. They presently have a GBX 640 price objective on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 48.84% from the stock’s previous close.

TPFG has been the subject of a number of other reports. Berenberg Bank restated a “buy” rating and issued a GBX 680 target price on shares of The Property Franchise Group in a research note on Wednesday, September 9th. Peel Hunt reiterated a “buy” rating and set a GBX 650 price target on shares of The Property Franchise Group in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, The Property Franchise Group has an average rating of “Buy” and an average price target of GBX 656.67.

The Property Franchise Group Stock Down 1.7%

LON TPFG opened at GBX 430 on Tuesday. The company has a debt-to-equity ratio of 10.48, a quick ratio of 1.20 and a current ratio of 1.78. The firm has a 50-day simple moving average of GBX 452.34 and a 200 day simple moving average of GBX 460.14. The Property Franchise Group has a twelve month low of GBX 349 and a twelve month high of GBX 600. The stock has a market cap of £274.13 million, a PE ratio of 14.38 and a beta of 0.25.

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