Purplebricks Group (PURP) Receives “Buy” Rating from Peel Hunt
A number of other research firms also recently weighed in on PURP. Berenberg Bank initiated coverage on shares of Purplebricks Group in a research note on Thursday, October 12th. They set a buy rating and a GBX 470 ($6.33) price target for the company. Investec reissued a buy rating and set a GBX 465 ($6.26) price target on shares of Purplebricks Group in a research note on Friday, September 15th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Purplebricks Group presently has a consensus rating of Buy and an average target price of GBX 397.80 ($5.35).
Purplebricks Group (PURP) traded up GBX 13.75 ($0.19) on Thursday, hitting GBX 368.75 ($4.96). 503,839 shares of the company were exchanged, compared to its average volume of 1,360,000. Purplebricks Group has a twelve month low of GBX 3.30 ($0.04) and a twelve month high of GBX 525 ($7.07).
About Purplebricks Group
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