Canaccord Genuity Group Reiterates “Buy” Rating for The Property Franchise Group (LON:TPFG)

The Property Franchise Group (LON:TPFG)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity Group in a note issued to investors on Thursday,London Stock Exchange reports. They presently have a GBX 660 price target on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 38.60% from the stock’s current price.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 680 price objective on shares of The Property Franchise Group in a report on Friday, May 1st. Two analysts have rated the stock with a Buy rating, According to MarketBeat, The Property Franchise Group presently has a consensus rating of “Buy” and an average target price of GBX 670.

The Property Franchise Group Stock Performance

LON TPFG opened at GBX 476.20 on Thursday. The company has a current ratio of 3.29, a quick ratio of 1.20 and a debt-to-equity ratio of 10.83. The company has a market cap of £303.59 million, a P/E ratio of 15.93 and a beta of 0.26. The company has a fifty day simple moving average of GBX 458.66 and a 200 day simple moving average of GBX 482.08. The Property Franchise Group has a 12-month low of GBX 349 and a 12-month high of GBX 600.

The Property Franchise Group (LON:TPFG) last posted its quarterly earnings data on Tuesday, March 17th. The company reported GBX 40.30 earnings per share (EPS) for the quarter. The Property Franchise Group had a net margin of 22.61% and a return on equity of 12.56%. Sell-side analysts predict that The Property Franchise Group will post 34.5809601 earnings per share for the current fiscal year.

The Property Franchise Group Company Profile

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.