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

The Property Franchise Group (LON:TPFG)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a report released on Thursday,Digital Look reports. They presently have a GBX 645 target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 23.39% from the company’s previous close.

The Property Franchise Group Stock Up 3.7%

Shares of LON TPFG opened at GBX 522.72 on Thursday. The firm has a market cap of £333.24 million, a price-to-earnings ratio of 20.83 and a beta of 0.42. The company’s 50-day simple moving average is GBX 534.71 and its 200-day simple moving average is GBX 540.58. The Property Franchise Group has a 52-week low of GBX 392 and a 52-week high of GBX 600.

The Property Franchise Group (LON:TPFG) last released its quarterly earnings results on Wednesday, September 10th. The company reported GBX 18.30 earnings per share for the quarter. The Property Franchise Group had a net margin of 18.96% and a return on equity of 8.40%. Equities research analysts anticipate that The Property Franchise Group will post 34.5809601 EPS for the current fiscal year.

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.