The Property Franchise Group (LON:TPFG) Given Buy Rating at Berenberg Bank

The Property Franchise Group (LON:TPFG)‘s stock had its “buy” rating restated by analysts at Berenberg Bank in a note issued to investors on Wednesday,Digital Look reports. They currently have a GBX 680 price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 48.47% from the stock’s current price.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 660 price target on shares of The Property Franchise Group in a report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 670.

The Property Franchise Group Stock Up 3.5%

Shares of LON TPFG opened at GBX 458 on Wednesday. The Property Franchise Group has a 1 year low of GBX 349 and a 1 year high of GBX 600. The firm has a market cap of £291.98 million, a price-to-earnings ratio of 15.32 and a beta of 0.26. The company has a debt-to-equity ratio of 10.83, a quick ratio of 1.20 and a current ratio of 3.29. The stock’s 50-day simple moving average is GBX 475.11 and its 200-day simple moving average is GBX 470.23.

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.