The Property Franchise Group (LON:TPFG) Trading Up 0.8% - Here's Why

The Property Franchise Group PLC (LON:TPFG - Get Free Report) shot up 0.8% during trading on Thursday . The stock traded as high as GBX 534 ($7.18) and last traded at GBX 534 ($7.18). 185,667 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 160,532 shares. The stock had previously closed at GBX 530 ($7.12).

Analyst Ratings Changes

Separately, Canaccord Genuity Group lifted their target price on The Property Franchise Group from GBX 589 ($7.91) to GBX 595 ($8.00) and gave the stock a "buy" rating in a report on Tuesday, April 8th.

The Property Franchise Group Stock Performance

The firm has a market cap of £337.09 million, a PE ratio of 21.90 and a beta of 0.42. The firm has a fifty day simple moving average of GBX 525.93 and a two-hundred day simple moving average of GBX 461.99.

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.