The Property Franchise Group (LON:TPFG) Earns Buy Rating from Canaccord Genuity Group

The Property Franchise Group (LON:TPFG)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity Group in a report released on Wednesday, Digital Look reports. They presently have a GBX 640 target price on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 54.22% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on the stock. Peel Hunt reissued a “buy” rating and issued a GBX 650 price objective on shares of The Property Franchise Group in a research report on Wednesday, August 5th. Berenberg Bank reiterated a “buy” rating and issued a GBX 680 price target on shares of The Property Franchise Group in a research note on Wednesday, September 9th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, The Property Franchise Group currently has a consensus rating of “Buy” and a consensus price target of GBX 656.67.

The Property Franchise Group Stock Performance

TPFG opened at GBX 415 on Wednesday. The firm’s 50 day moving average is GBX 448.87 and its 200-day moving average is GBX 459.71. The Property Franchise Group has a 52-week low of GBX 349 and a 52-week high of GBX 600. The company has a quick ratio of 1.20, a current ratio of 1.78 and a debt-to-equity ratio of 10.48. The firm has a market capitalization of £264.57 million, a P/E ratio of 13.88 and a beta of 0.25.

The Property Franchise Group (LON:TPFG) last announced its earnings results on Wednesday, September 9th. The company reported GBX 19.80 earnings per share for the quarter. The Property Franchise Group had a net margin of 20.77% and a return on equity of 11.70%. Analysts expect that The Property Franchise Group will post 34.5809601 EPS for the current fiscal year.

Insider Buying and Selling at The Property Franchise Group

In other The Property Franchise Group news, insider Gareth Samples acquired 11,000 shares of the company’s stock in a transaction that occurred on Monday, September 28th. The shares were purchased at an average price of GBX 413 per share, for a total transaction of £45,430. 16.20% of the stock is currently owned by corporate insiders.

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.