Purplebricks Group PLC’s (PURP) “Buy” Rating Reiterated at Investec
Investec restated their buy rating on shares of Purplebricks Group PLC (LON:PURP) in a research note released on Monday morning. The brokerage currently has a GBX 465 ($6.12) target price on the stock.
A number of other equities analysts also recently weighed in on the company. Peel Hunt reaffirmed a buy rating and set a GBX 460 ($6.05) price target on shares of Purplebricks Group PLC in a research report on Monday. Berenberg Bank assumed coverage on Purplebricks Group PLC in a research report on Thursday, October 12th. They set a buy rating and a GBX 470 ($6.18) price target for the company. Finally, Jefferies Group LLC reaffirmed an underperform rating and set a GBX 94 ($1.24) price target on shares of Purplebricks Group PLC in a research report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of GBX 408.80 ($5.38).
Purplebricks Group PLC (PURP) traded down GBX 2.89 ($0.04) during trading hours on Monday, reaching GBX 352.36 ($4.63). The company’s stock had a trading volume of 468,195 shares, compared to its average volume of 1,170,000. Purplebricks Group PLC has a 52-week low of GBX 98.75 ($1.30) and a 52-week high of GBX 525 ($6.91).
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