Purplebricks Group PLC (PURP) Stock Rating Reaffirmed by Jefferies Group
Purplebricks Group PLC (LON:PURP)‘s stock had its “underperform” rating reissued by Jefferies Group in a research note issued on Thursday. They presently have a GBX 94 ($1.17) price target on the stock. Jefferies Group’s price objective indicates a potential downside of 15.88% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the stock. Peel Hunt reiterated a “buy” rating and set a GBX 300 ($3.75) target price on shares of Purplebricks Group PLC in a research report on Thursday, September 15th. Citigroup Inc. began coverage on shares of Purplebricks Group PLC in a research report on Tuesday, September 13th. They set a “buy” rating and a GBX 200 ($2.50) target price for the company.
Shares of Purplebricks Group PLC (LON:PURP) opened at 110.40 on Thursday. The firm’s market cap is GBX 265.25 million. The stock’s 50 day moving average is GBX 123.35 and its 200-day moving average is GBX 134.39. Purplebricks Group PLC has a 12-month low of GBX 72.00 and a 12-month high of GBX 180.00.
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In other Purplebricks Group PLC news, insider David Kavanagh sold 69,500 shares of the stock in a transaction dated Tuesday, September 20th. The shares were sold at an average price of GBX 132 ($1.65), for a total transaction of £91,740 ($114,617.69).
Purplebricks Group PLC Company Profile
Purplebricks Group plc is a United Kingdom-based national estate agency and lettings business. The Company’s business is driven by a combination of professional local property experts (LPEs), technology and customer facing software designed to change the experience of selling, buying and letting property.
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