The Property Franchise Group’s (TPFG) “Buy” Rating Reiterated at Canaccord Genuity Group

The Property Franchise Group (LON:TPFG)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity Group in a note issued to investors on Tuesday, September 22nd, Digital Look reports. They currently have a GBX 640 target price on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 54.22% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Peel Hunt restated a “buy” rating and set a GBX 650 target price on shares of The Property Franchise Group in a research report on Wednesday, August 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 680 price target on shares of The Property Franchise Group in a research report on Wednesday, September 9th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, The Property Franchise Group currently has an average rating of “Buy” and an average target price of GBX 656.67.

The Property Franchise Group Stock Performance

LON TPFG traded up GBX 4 during mid-day trading on Tuesday, reaching GBX 415. 76,739 shares of the stock were exchanged, compared to its average volume of 127,435. The company has a market capitalization of £264.57 million, a P/E ratio of 13.88 and a beta of 0.25. 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 business’s 50 day moving average is GBX 449.82 and its 200-day moving average is GBX 459.71. The Property Franchise Group has a 1 year low of GBX 349 and a 1 year high of GBX 600.

The Property Franchise Group (LON:TPFG) last released its quarterly earnings data on Wednesday, September 9th. The company reported GBX 19.80 earnings per share for the quarter. The Property Franchise Group had a net margin of 20.77% and a return on equity of 11.70%. On average, equities research analysts forecast that The Property Franchise Group will post 34.5809601 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Gareth Samples acquired 11,000 shares of the firm’s stock in a transaction on Monday, September 28th. The shares were acquired at an average cost of GBX 413 per share, with a total value of £45,430. Corporate insiders own 16.20% of the company’s stock.

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.