Purplebricks Group PLC (LON:PURP)‘s stock had its “buy” rating reissued by equities research analysts at Investec in a research note issued to investors on Friday. They presently have a GBX 465 ($6.01) price objective on the stock. Investec’s target price would suggest a potential upside of 19.31% from the company’s previous close.

PURP has been the topic of a number of other reports. Jefferies Group LLC reiterated an “underperform” rating and set a GBX 94 ($1.21) target price on shares of Purplebricks Group PLC in a report on Monday, June 26th. Peel Hunt raised their price objective on shares of Purplebricks Group PLC from GBX 435 ($5.62) to GBX 460 ($5.94) and gave the stock a “buy” rating in a research report on Thursday, June 29th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a GBX 555 ($7.17) price objective on shares of Purplebricks Group PLC in a research note on Monday, July 3rd.

Shares of Purplebricks Group PLC (PURP) remained flat at GBX 389.75 during mid-day trading on Friday. The stock had a trading volume of 711,986 shares. The firm’s market capitalization is GBX 1.05 billion. The company has a 50-day moving average of GBX 446.23 and a 200-day moving average of GBX 383.33. Purplebricks Group PLC has a 12 month low of GBX 98.75 and a 12 month high of GBX 525.00.

WARNING: This report was originally posted by American Banking News and is owned by of American Banking News. If you are reading this report on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/09/15/purplebricks-group-plc-purp-receives-buy-rating-from-investec.html.

About Purplebricks Group PLC

Receive News & Ratings for Purplebricks Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Purplebricks Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.