Canaccord Genuity Group Cuts The Property Franchise Group (LON:TPFG) Price Target to GBX 640

The Property Franchise Group (LON:TPFG) had its target price lowered by stock analysts at Canaccord Genuity Group from GBX 660 to GBX 640 in a note issued to investors on Wednesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 41.98% from the company’s current price.

A number of other equities analysts also recently weighed in on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 680 target price on shares of The Property Franchise Group in a research note on Wednesday. Peel Hunt reaffirmed a “buy” rating and set a GBX 650 price target on shares of The Property Franchise Group in a research report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 656.67.

The Property Franchise Group Price Performance

Shares of TPFG opened at GBX 450.77 on Wednesday. The Property Franchise Group has a 1 year low of GBX 349 and a 1 year high of GBX 600. 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 company has a market capitalization of £287.37 million, a price-to-earnings ratio of 15.08 and a beta of 0.25. The business has a 50-day moving average of GBX 457.56 and a 200-day moving average of GBX 461.20.

The Property Franchise Group (LON:TPFG) last announced its earnings results on Wednesday, September 9th. The company reported GBX 13.30 EPS for the quarter. The Property Franchise Group had a return on equity of 12.56% and a net margin of 22.61%. As a group, equities research analysts anticipate that The Property Franchise Group will post 34.5809601 earnings per share for the current year.

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.