Canaccord Genuity Group Boosts The Property Franchise Group (LON:TPFG) Price Target to GBX 660

The Property Franchise Group (LON:TPFG) had its price target lifted by investment analysts at Canaccord Genuity Group from GBX 637 to GBX 660 in a research report issued on Wednesday, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 52.78% from the stock’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 645 target price on shares of The Property Franchise Group in a research report on Thursday, December 4th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, The Property Franchise Group has an average rating of “Buy” and an average target price of GBX 652.50.

The Property Franchise Group Stock Performance

LON:TPFG opened at GBX 432 on Wednesday. The firm has a market capitalization of £275.41 million, a PE ratio of 17.21 and a beta of 0.17. The business’s fifty day moving average price is GBX 478.02 and its 200 day moving average price is GBX 517.27. The company has a debt-to-equity ratio of 10.83, a current ratio of 3.29 and a quick ratio of 1.20. The Property Franchise Group has a 12 month low of GBX 349 and a 12 month high of GBX 600.

The Property Franchise Group (LON:TPFG) last posted its quarterly earnings results on Tuesday, March 17th. The company reported GBX 40.30 earnings per share for the quarter. The Property Franchise Group had a return on equity of 12.56% and a net margin of 22.61%. On average, sell-side analysts anticipate that The Property Franchise Group will post 34.5809601 earnings per share for the current fiscal year.

About The Property Franchise Group

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.