The Property Franchise Group (LON:TPFG) Trading Down 1.9% – Here’s What Happened

The Property Franchise Group PLC (LON:TPFG) fell 1.9% on Thursday . The company traded as low as GBX 470 and last traded at GBX 471.01. Approximately 52,062 shares changed hands during mid-day 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

TPFG has been the topic of several research analyst reports. Canaccord Genuity Group reissued a “buy” rating and set a GBX 660 price target on shares of The Property Franchise Group in a research note on Thursday, May 28th. 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. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 670.

The Property Franchise Group Stock Performance

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 stock has a 50-day moving average price of GBX 479.04 and a 200 day moving average price of GBX 477.01. The company has a market cap of £300.28 million, a price-to-earnings ratio of 15.75 and a beta of 0.26.

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.