Purplebricks Group PLC (PURP) Stock Rating Reaffirmed by Peel Hunt

Purplebricks Group PLC (LON:PURP)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research note issued on Monday, November 6th. They presently have a GBX 460 ($6.05) price target on the stock. Peel Hunt’s target price would indicate a potential downside of 98.77% from the stock’s current price.

PURP has been the topic of several other reports. Berenberg Bank initiated coverage on shares of Purplebricks Group in a report on Thursday, October 12th. They set a “buy” rating and a GBX 470 ($6.18) price objective on the stock. Investec reissued a “buy” rating and set a GBX 465 ($6.12) price objective on shares of Purplebricks Group in a report on Friday, September 15th. Finally, Jefferies Group LLC reissued an “underperform” rating and set a GBX 94 ($1.24) price objective on shares of Purplebricks Group in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 408.80 ($5.38).

Shares of Purplebricks Group (PURP) traded up £371.40 ($488.49) during trading hours on Monday, hitting £375 ($493.23). 737,541 shares of the stock were exchanged, compared to its average volume of 1,740,000. Purplebricks Group has a fifty-two week low of GBX 3.30 ($0.04) and a fifty-two week high of GBX 525 ($6.91).

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Purplebricks Group Company Profile

Analyst Recommendations for Purplebricks Group (LON:PURP)

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