Purplebricks Group (LON:PURP) PT Lowered to GBX 117 at JPMorgan Chase & Co.
Purplebricks Group (LON:PURP) had its price target trimmed by JPMorgan Chase & Co. from GBX 124 ($1.62) to GBX 117 ($1.53) in a report released on Monday, ThisIsMoney.Co.Uk reports. The brokerage currently has a neutral rating on the stock.
Other equities analysts have also recently issued reports about the stock. UBS Group reissued a neutral rating on shares of Purplebricks Group in a research report on Monday, October 28th. Peel Hunt reissued an under review rating on shares of Purplebricks Group in a research report on Thursday, November 7th.
LON:PURP traded up GBX 1.60 ($0.02) on Monday, reaching GBX 108 ($1.41). The stock had a trading volume of 79,730 shares, compared to its average volume of 717,246. The company has a 50-day moving average of GBX 111.24 and a 200 day moving average of GBX 112.64. The stock has a market cap of $331.35 million and a P/E ratio of -5.97. Purplebricks Group has a 12-month low of GBX 88.50 ($1.16) and a 12-month high of GBX 195 ($2.55).
Purplebricks Group plc engages in real estate agency business in the United Kingdom, Australia, the United States, and Canada. It provides services relating to the sale and letting of properties. The company combines local property experts and technology to help make the process of selling, buying, or letting more convenient, transparent, and cost effective.
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