The Property Franchise Group’s (TPFG) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of The Property Franchise Group (LON:TPFG) in a research report sent to investors on Wednesday morning,Digital Look reports. The firm currently has a GBX 660 target price on the stock.

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 680 price target on shares of The Property Franchise Group in a report on Wednesday. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 663.33.

The Property Franchise Group Stock Performance

Shares of TPFG opened at GBX 445 on Wednesday. The Property Franchise Group has a 52-week low of GBX 349 and a 52-week high of GBX 600. The stock’s 50-day simple moving average is GBX 473.18 and its 200 day simple moving average is GBX 469.24. The company has a debt-to-equity ratio of 10.83, a quick ratio of 1.20 and a current ratio of 3.29. The stock has a market capitalization of £283.70 million, a price-to-earnings ratio of 14.88 and a beta of 0.26.

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.