The Property Franchise Group (LON:TPFG) Shares Cross Below 50-Day Moving Average – What’s Next?

The Property Franchise Group PLC (LON:TPFGGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 452.07 and traded as low as GBX 451. The Property Franchise Group shares last traded at GBX 454.90, with a volume of 38,279 shares.

Wall Street Analyst Weigh In

TPFG has been the subject of a number of recent research reports. Canaccord Genuity Group lifted their target price on The Property Franchise Group from GBX 637 to GBX 660 and gave the stock a “buy” rating in a report on Wednesday, March 18th. Berenberg Bank reiterated a “buy” rating and issued a GBX 680 target price on shares of The Property Franchise Group in a report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 670.

Check Out Our Latest Report on TPFG

The Property Franchise Group Trading Down 1.1%

The stock has a market cap of £290.01 million, a PE ratio of 15.21 and a beta of 0.26. The company has a debt-to-equity ratio of 10.83, a quick ratio of 1.20 and a current ratio of 3.29. The stock has a fifty day moving average price of GBX 452.07 and a 200 day moving average price of GBX 485.66.

The Property Franchise Group (LON:TPFGGet Free Report) last announced its earnings results on Tuesday, March 17th. The company reported GBX 40.30 EPS for the quarter. The Property Franchise Group had a return on equity of 12.56% and a net margin of 22.61%. Equities analysts expect that The Property Franchise Group PLC will post 34.5809601 EPS for the current year.

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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