The Property Franchise Group’s (TPFG) Buy Rating Reaffirmed at Canaccord Genuity Group

The Property Franchise Group (LON:TPFG)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 637 price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 23.21% from the company’s previous close.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 645 price objective on shares of The Property Franchise Group in a research note on Thursday, December 4th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, The Property Franchise Group currently has a consensus rating of “Buy” and an average price target of GBX 641.

The Property Franchise Group Stock Performance

Shares of LON:TPFG traded up GBX 11 during trading on Thursday, hitting GBX 517. 224,739 shares of the stock were exchanged, compared to its average volume of 288,490. The company’s fifty day simple moving average is GBX 511.27 and its 200-day simple moving average is GBX 537.65. The company has a market capitalization of £329.60 million, a price-to-earnings ratio of 20.60 and a beta of 0.42. The Property Franchise Group has a 1-year low of GBX 399 and a 1-year high of GBX 600.

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.