The Property Franchise Group (LON:TPFG) Given New GBX 645 Price Target at Berenberg Bank

Key Points

• Berenberg Bank has raised its price target for The Property Franchise Group from GBX 620 to GBX 645, indicating a potential upside of 9.69% from the current price and maintaining a "buy" rating.
• Canaccord Genuity Group also increased their target price from GBX 595 to GBX 637, corroborating the positive sentiment with a "buy" rating.
• The Property Franchise Group reported an EPS of GBX 18.30 for the last quarter, with a net margin of 18.96% and an expected annual EPS of approximately 34.58.

The Property Franchise Group (LON:TPFG - Get Free Report) had its price target upped by research analysts at Berenberg Bank from GBX 620 to GBX 645 in a note issued to investors on Monday,Digital Look reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's price objective indicates a potential upside of 9.69% from the company's current price.

Separately, Canaccord Genuity Group lifted their target price on The Property Franchise Group from GBX 595 to GBX 637 and gave the company a "buy" rating in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of GBX 641.

The Property Franchise Group Trading Up 0.3%

TPFG opened at GBX 588 on Monday. The Property Franchise Group has a 1-year low of GBX 392 and a 1-year high of GBX 588. The stock has a market capitalization of £374.86 million, a PE ratio of 3,340.91 and a beta of 0.42. The firm has a 50-day moving average price of GBX 552.86 and a two-hundred day moving average price of GBX 497.20.

The Property Franchise Group (LON:TPFG - Get Free Report) last released its quarterly earnings results on Wednesday, September 10th. The company reported GBX 18.30 EPS for the quarter. The Property Franchise Group had a net margin of 18.96% and a return on equity of 8.40%. On average, research analysts predict that The Property Franchise Group will post 34.5809601 EPS for the current 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.

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