The Property Franchise Group’s (TPFG) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of The Property Franchise Group (LON:TPFG) in a report published on Friday morning, Marketbeat reports. They currently have a GBX 680 price target on the stock.

Separately, Canaccord Genuity Group lifted their price target on The Property Franchise Group from GBX 637 to GBX 660 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 670.

The Property Franchise Group Price Performance

LON TPFG remained flat at GBX 498 during trading on Friday. The company’s stock had a trading volume of 465,474 shares, compared to its average volume of 168,409. 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 business’s 50 day moving average is GBX 449.76 and its 200 day moving average is GBX 491.27. The firm has a market cap of £317.48 million, a price-to-earnings ratio of 16.66 and a beta of 0.21. 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 quarterly earnings results on Tuesday, March 17th. The company reported GBX 40.30 EPS for the quarter. The Property Franchise Group had a return on equity of 12.56% and a net margin of 22.61%. On average, equities analysts expect that The Property Franchise Group will post 34.5809601 earnings per share 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.