The Property Franchise Group (LON:TPFG) Price Target Raised to GBX 660 at Canaccord Genuity Group

The Property Franchise Group (LON:TPFG) had its target price boosted by research analysts at Canaccord Genuity Group from GBX 637 to GBX 660 in a note issued to investors on Wednesday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 50.46% from the stock’s current price.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 645 target price on shares of The Property Franchise Group in a research report on Thursday, December 4th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 652.50.

The Property Franchise Group Price Performance

Shares of LON TPFG traded up GBX 2.66 during trading hours on Wednesday, hitting GBX 438.66. 121,869 shares of the company’s stock were exchanged, compared to its average volume of 181,527. The company’s 50-day moving average price is GBX 480.97 and its 200-day moving average price is GBX 518.42. The Property Franchise Group has a 1-year low of GBX 349 and a 1-year high of GBX 600. The stock has a market capitalization of £279.65 million, a price-to-earnings ratio of 17.48 and a beta of 0.17.

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 10.86% and a net margin of 19.66%. On average, research 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.