Purplebricks Group PLC (PURP) Receives GBX 453.67 Consensus Price Target from Brokerages

Shares of Purplebricks Group PLC (LON:PURP) have been assigned an average rating of “Buy” from the six research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 453.67 ($6.27).

Several brokerages recently weighed in on PURP. Peel Hunt restated a “buy” rating and set a GBX 460 ($6.36) target price on shares of Purplebricks Group in a research note on Wednesday, November 29th. Investec restated a “buy” rating and set a GBX 465 ($6.42) target price on shares of Purplebricks Group in a research note on Monday, November 6th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 470 ($6.49) price target on shares of Purplebricks Group in a report on Friday, January 12th. Citigroup reaffirmed a “buy” rating and issued a GBX 500 ($6.91) price target on shares of Purplebricks Group in a report on Thursday, December 14th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 733 ($10.13) price target on shares of Purplebricks Group in a report on Thursday, January 25th.

Shares of Purplebricks Group (LON:PURP) opened at GBX 418.80 ($5.79) on Monday. Purplebricks Group has a 52 week low of GBX 3.30 ($0.05) and a 52 week high of GBX 525 ($7.25). The firm has a market capitalization of $1,140.00 and a P/E ratio of -13,960.00.

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Purplebricks Group Company Profile

Purplebricks Group plc is a United Kingdom-based company engaged in the business of estate agency. The Company operates through the division of providing services relating to the sale of properties. The Company uses technology in the process of selling, buying or letting of properties. The Company operates in the United Kingdom.

Analyst Recommendations for Purplebricks Group (LON:PURP)

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