Purplebricks Group PLC (PURP) Given Consensus Rating of “Buy” by Brokerages

Shares of Purplebricks Group PLC (LON:PURP) have received a consensus recommendation of “Buy” from the six ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 453.67 ($6.36).

A number of research analysts have issued reports on the stock. Jefferies Group reaffirmed an “underperform” rating and issued a GBX 94 ($1.32) target price on shares of Purplebricks Group in a report on Friday, February 2nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 733 ($10.28) target price on shares of Purplebricks Group in a report on Thursday, January 25th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 460 ($6.45) target price on shares of Purplebricks Group in a report on Wednesday, January 24th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 470 ($6.59) target price on shares of Purplebricks Group in a report on Friday, January 12th. Finally, Citigroup reaffirmed a “buy” rating and issued a GBX 500 ($7.01) target price on shares of Purplebricks Group in a report on Thursday, December 14th.

Shares of Purplebricks Group (LON:PURP) opened at GBX 394 ($5.52) on Monday. The company has a market cap of $1,080.00 and a PE ratio of -13,133.33. Purplebricks Group has a 12-month low of GBX 3.30 ($0.05) and a 12-month high of GBX 525 ($7.36).

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Purplebricks Group Company Profile

Purplebricks Group plc is a United Kingdom-based company engaged in the business of estate agency. The Company operates through the division of providing services relating to the sale of properties. The Company uses technology in the process of selling, buying or letting of properties. The Company operates in the United Kingdom.

Analyst Recommendations for Purplebricks Group (LON:PURP)

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