The Property Franchise Group (LON:TPFG) Stock Price Down 2.8% – Time to Sell?

The Property Franchise Group PLC (LON:TPFG) fell 2.8% during mid-day trading on Thursday . The company traded as low as GBX 478 and last traded at GBX 480.25. 138,680 shares traded hands during trading, a decline of 36% from the average session volume of 216,971 shares. The stock had previously closed at GBX 494.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 645 target price on shares of The Property Franchise Group in a research report on Thursday, December 4th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 637 price objective on shares of The Property Franchise Group in a research note on Thursday, January 29th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, The Property Franchise Group presently has an average rating of “Buy” and a consensus target price of GBX 641.

The Property Franchise Group Trading Down 2.8%

The company has a market capitalization of £306.17 million, a P/E ratio of 19.13 and a beta of 0.42. The company’s fifty day moving average is GBX 508.18 and its 200 day moving average is GBX 533.92.

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.