Peel Hunt Reiterates “Under Review” Rating for Purplebricks Group (LON:PURP)

Purplebricks Group (LON:PURP)‘s stock had its “under review” rating reissued by equities researchers at Peel Hunt in a note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. decreased their price target on shares of Purplebricks Group from GBX 124 ($1.63) to GBX 117 ($1.54) and set a “neutral” rating on the stock in a report on Monday, November 11th. UBS Group reiterated a “neutral” rating on shares of Purplebricks Group in a report on Monday, October 28th.

PURP stock opened at GBX 105 ($1.38) on Monday. The stock has a market capitalization of $322.15 million and a P/E ratio of -5.80. Purplebricks Group has a one year low of GBX 88.50 ($1.16) and a one year high of GBX 195 ($2.57). The company has a 50 day moving average price of GBX 108.44 and a two-hundred day moving average price of GBX 110.67.

About Purplebricks Group

Purplebricks Group plc engages in real estate agency business in the United Kingdom, Australia, the United States, and Canada. It provides services relating to the sale and letting of properties. The company combines local property experts and technology to help make the process of selling, buying, or letting more convenient, transparent, and cost effective.

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