Purplebricks Group PLC (PURP) Earns Buy Rating from Peel Hunt
Peel Hunt reissued their buy rating on shares of Purplebricks Group PLC (LON:PURP) in a research note issued to investors on Thursday. They currently have a GBX 300 ($3.92) price objective on the stock.
A number of other research firms also recently weighed in on PURP. Jefferies Group restated an underperform rating and issued a GBX 94 ($1.23) price objective on shares of Purplebricks Group PLC in a report on Thursday, July 21st. Citigroup Inc. started coverage on shares of Purplebricks Group PLC in a research report on Tuesday, September 13th. They set a buy rating and a GBX 200 ($2.61) price target on the stock.
Shares of Purplebricks Group PLC (LON:PURP) opened at 135.00 on Thursday. The company has a 50 day moving average price of GBX 133.22 and a 200-day moving average price of GBX 141.18. Purplebricks Group PLC has a 52-week low of GBX 72.00 and a 52-week high of GBX 180.00. The firm’s market cap is GBX 324.35 million.
About Purplebricks Group PLC
Purplebricks Group plc is a United Kingdom-based national estate agency and lettings business. The Company’s business is driven by a combination of professional local property experts (LPEs), technology and customer facing software designed to change the experience of selling, buying and letting property.
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