The Property Franchise Group (LON:TPFG) Shares Down 0.9% – Here’s What Happened

The Property Franchise Group PLC (LON:TPFG) traded down 0.9% during mid-day trading on Friday . The company traded as low as GBX 514 and last traded at GBX 514.50. 20,286 shares changed hands during trading, a decline of 86% from the average session volume of 140,846 shares. The stock had previously closed at GBX 519.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TPFG. Berenberg Bank reaffirmed a “buy” rating and set a GBX 645 target price on shares of The Property Franchise Group in a research note on Thursday, December 4th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 637 price objective on shares of The Property Franchise Group in a research report on Thursday, December 4th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 641.

The Property Franchise Group Stock Down 0.9%

The stock has a market cap of £328.00 million, a PE ratio of 20.50 and a beta of 0.42. The stock’s fifty day moving average price is GBX 514.13 and its 200 day moving average price is GBX 543.85.

About The Property Franchise Group

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.