The Property Franchise Group’s (TPFG) Buy Rating Reaffirmed at Canaccord Genuity Group

The Property Franchise Group (LON:TPFG)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 640 price target on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 53.48% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 680 target price on shares of The Property Franchise Group in a report on Wednesday, September 9th. Peel Hunt restated a “buy” rating and set a GBX 650 price target on shares of The Property Franchise Group in a report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 656.67.

The Property Franchise Group Price Performance

TPFG traded up GBX 2 during trading on Wednesday, hitting GBX 417. 109,298 shares of the company traded hands, compared to its average volume of 127,928. The company has a current ratio of 1.78, a quick ratio of 1.20 and a debt-to-equity ratio of 10.48. The company has a market cap of £265.85 million, a PE ratio of 13.95 and a beta of 0.25. The stock’s 50-day simple moving average is GBX 448.87 and its two-hundred day simple moving average is GBX 459.71. The Property Franchise Group has a 1 year low of GBX 349 and a 1 year high of GBX 600.

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

Insider Buying and Selling

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