Canaccord Genuity Group Raises The Property Franchise Group (LON:TPFG) Price Target to GBX 595

The Property Franchise Group (LON:TPFGGet Free Report) had its target price increased by analysts at Canaccord Genuity Group from GBX 589 ($7.53) to GBX 595 ($7.60) in a report issued on Tuesday, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 45.12% from the company’s current price.

The Property Franchise Group Stock Down 1.2 %

Shares of LON:TPFG opened at GBX 410 ($5.24) on Tuesday. The firm has a 50 day moving average of GBX 428.24 and a 200 day moving average of GBX 422.88. The company has a market capitalization of £260.77 million, a price-to-earnings ratio of 16.94 and a beta of 0.42. The Property Franchise Group has a 52 week low of GBX 336.55 ($4.30) and a 52 week high of GBX 490 ($6.26).

The Property Franchise Group (LON:TPFGGet Free Report) last released its quarterly earnings results on Tuesday, April 8th. The company reported GBX 31.70 ($0.41) EPS for the quarter. The Property Franchise Group had a return on equity of 8.40% and a net margin of 18.96%. On average, sell-side analysts expect that The Property Franchise Group will post 34.5809601 EPS for the current year.

Insider Transactions at The Property Franchise Group

In other news, insider Michelle Brook sold 8,788 shares of the firm’s stock in a transaction on Monday, February 17th. The stock was sold at an average price of GBX 439 ($5.61), for a total value of £38,579.32 ($49,296.35). Insiders own 19.92% of the company’s stock.

About The Property Franchise Group

(Get Free Report)

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.

Further Reading

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