The Property Franchise Group (LON:TPFG) Shares Climb 0.2% – Here’s Why

by · The Markets Daily

Shares of The Property Franchise Group PLC (LON:TPFG – Get Free Report) shot up 0.2% on Wednesday. The company traded as high as GBX 420 and last traded at GBX 417. Approximately 41,312 shares changed hands during trading, a decline of 67% from the average daily volume of 126,425 shares. The stock had previously closed at GBX 416.

Analysts Set New Price Targets

TPFG has been the topic of several research reports. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 640 price target on shares of The Property Franchise Group in a research report on Wednesday, September 30th. Peel Hunt restated a “buy” rating and issued a GBX 650 price objective on shares of The Property Franchise Group in a research note on Wednesday, August 5th. Finally, 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, September 9th. Three analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 656.67.

Read Our Latest Research Report on TPFG

The Property Franchise Group Stock Performance

The company has a debt-to-equity ratio of 10.48, a current ratio of 1.78 and a quick ratio of 1.20. The company has a market capitalization of £265.21 million, a P/E ratio of 14.60 and a beta of 0.25. The company has a fifty day moving average price of GBX 434.97 and a two-hundred day moving average price of GBX 457.97.

The Property Franchise Group (LON:TPFG – Get Free Report) last issued its earnings results on Wednesday, September 9th. The company reported GBX 19.80 earnings per share for the quarter. The Property Franchise Group had a return on equity of 11.70% and a net margin of 20.77%. Equities analysts forecast that The Property Franchise Group PLC will post 34.58 earnings per share for the current fiscal year.

Insider Transactions at The Property Franchise Group

In other The Property Franchise Group news, insider Gareth Samples acquired 11,000 shares of the company’s stock in a transaction on Monday, September 28th. The stock was acquired at an average price of GBX 413 per share, for a total transaction of £45,430. 16.22% of the stock is currently 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. 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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