The Property Franchise Group’s (TPFG) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of The Property Franchise Group (LON:TPFG) in a report published on Wednesday,Digital Look reports. They currently have a GBX 680 price target on the stock.

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 660 price objective on shares of The Property Franchise Group in a research report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, The Property Franchise Group has a consensus rating of “Buy” and a consensus target price of GBX 663.33.

The Property Franchise Group Stock Performance

LON TPFG opened at GBX 445 on Wednesday. The company has a market capitalization of £283.70 million, a price-to-earnings ratio of 14.88 and a beta of 0.26. The company has a quick ratio of 1.20, a current ratio of 3.29 and a debt-to-equity ratio of 10.83. The Property Franchise Group has a twelve month low of GBX 349 and a twelve month high of GBX 600. The stock has a fifty day simple moving average of GBX 473.18 and a 200 day simple moving average of GBX 469.24.

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.