The Property Franchise Group (LON:TPFG) Price Target Cut to GBX 640 by Analysts at Canaccord Genuity Group

Key Points

• Canaccord Genuity lowered The Property Franchise Group’s price target from GBX 660 to GBX 640 but maintained a “buy” rating, implying approximately 42% upside from the current price.
• Analyst sentiment remains positive: Peel Hunt and Berenberg also rate the stock “buy,” while the consensus target is GBX 656.67.
• The shares opened at GBX 450.77, compared with a 52-week range of GBX 349 to GBX 600. The company reported quarterly EPS of GBX 13.30 and analysts expect full-year EPS of about GBX 34.58.

The Property Franchise Group (LON:TPFG - Get Free Report) had its target price lowered by analysts at Canaccord Genuity Group from GBX 660 to GBX 640 in a report released on Wednesday, Digital Look reports. The brokerage presently has a "buy" rating on the stock. Canaccord Genuity Group's target price would suggest a potential upside of 41.98% from the stock's current price.

Several other equities research analysts have also recently weighed in on the stock. Peel Hunt reaffirmed a "buy" rating and set a GBX 650 price objective on shares of The Property Franchise Group in a research report on Wednesday, August 5th. Berenberg Bank restated a "buy" rating and issued a GBX 680 target price on shares of The Property Franchise Group in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 656.67.

The Property Franchise Group Price Performance

The Property Franchise Group stock opened at GBX 450.77 on Wednesday. The stock's fifty day moving average price is GBX 457.56 and its two-hundred day moving average price is GBX 461.20. The Property Franchise Group has a one year low of GBX 349 and a one year high of GBX 600. The company has a debt-to-equity ratio of 10.83, a current ratio of 3.29 and a quick ratio of 1.20. The firm has a market cap of £287.37 million, a PE ratio of 15.08 and a beta of 0.25.

The Property Franchise Group (LON:TPFG - Get Free Report) last released its earnings results on Wednesday, September 9th. The company reported GBX 13.30 earnings per share for the quarter. The Property Franchise Group had a return on equity of 12.56% and a net margin of 22.61%. As a group, research analysts expect that The Property Franchise Group will post 34.5809601 EPS for the current fiscal year.

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.

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