Purplebricks Group PLC (PURP) Research Coverage Started at Berenberg Bank
Analysts at Berenberg Bank began coverage on shares of Purplebricks Group PLC (LON:PURP) in a report issued on Thursday. The brokerage set a “buy” rating and a GBX 470 ($6.18) price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 35.06% from the company’s previous close.
Several other research firms also recently issued reports on PURP. Jefferies Group LLC reissued an “underperform” rating and issued a GBX 94 ($1.24) price target on shares of Purplebricks Group PLC in a research report on Thursday, July 13th. Peel Hunt reissued a “buy” rating and issued a GBX 460 ($6.05) price target on shares of Purplebricks Group PLC in a research report on Thursday, August 3rd. Citigroup Inc. reissued a “buy” rating and issued a GBX 555 ($7.30) price target on shares of Purplebricks Group PLC in a research report on Monday, July 3rd. Finally, Investec reissued a “buy” rating and issued a GBX 465 ($6.11) price target on shares of Purplebricks Group PLC in a research report on Friday, September 15th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 408.80 ($5.37).
Shares of Purplebricks Group PLC (PURP) opened at 348.00 on Thursday. Purplebricks Group PLC has a 12 month low of GBX 98.75 and a 12 month high of GBX 525.00. The company’s market cap is GBX 941.34 million. The stock has a 50 day moving average of GBX 400.14 and a 200-day moving average of GBX 392.63.
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Purplebricks Group PLC Company Profile
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