The Property Franchise Group (LON:TPFG) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of The Property Franchise Group (LON:TPFGFree Report) in a research note released on Thursday morning, MarketBeat Ratings reports. The brokerage currently has a GBX 589 ($7.30) target price on the stock.

The Property Franchise Group Price Performance

LON:TPFG opened at GBX 411.75 ($5.11) on Thursday. The Property Franchise Group has a 52-week low of GBX 310 ($3.84) and a 52-week high of GBX 490 ($6.08). The stock has a fifty day moving average of GBX 410.44 and a 200 day moving average of GBX 434.38. The company has a debt-to-equity ratio of 15.84, a quick ratio of 1.20 and a current ratio of 0.85. The firm has a market capitalization of £262.49 million, a price-to-earnings ratio of 2,167.11 and a beta of 0.42.

Insider Transactions at The Property Franchise Group

In other news, insider David Arthur Raggett purchased 5,000 shares of the stock in a transaction on Friday, December 20th. The shares were acquired at an average price of GBX 394 ($4.89) per share, for a total transaction of £19,700 ($24,426.53). Also, insider Gareth Samples acquired 10,000 shares of the business’s stock in a transaction dated Monday, December 23rd. The stock was purchased at an average price of GBX 402 ($4.98) per share, with a total value of £40,200 ($49,845.01). Over the last 90 days, insiders acquired 20,000 shares of company stock valued at $8,000,000. 19.92% of the stock is owned by corporate insiders.

The Property Franchise Group Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for The Property Franchise Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Property Franchise Group and related companies with MarketBeat.com's FREE daily email newsletter.