The Property Franchise Group (LON:TPFG) Shares Down 1.9% – What’s Next?

The Property Franchise Group PLC (LON:TPFG) was down 1.9% on Thursday . The company traded as low as GBX 470 and last traded at GBX 471.01. Approximately 52,062 shares were traded during trading, a decline of 63% from the average daily volume of 141,104 shares. The stock had previously closed at GBX 480.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TPFG. Berenberg Bank restated a “buy” rating and issued a GBX 680 price objective on shares of The Property Franchise Group in a research report on Friday, May 1st. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 660 target price on shares of The Property Franchise Group in a report on Thursday, May 28th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 670.

The Property Franchise Group Stock Down 0.5%

The company has a debt-to-equity ratio of 10.83, a current ratio of 3.29 and a quick ratio of 1.20. The company has a market capitalization of £299.63 million, a price-to-earnings ratio of 15.72 and a beta of 0.26. The firm has a 50-day moving average price of GBX 478.44 and a two-hundred day moving average price of GBX 476.96.

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.