Purplebricks Group PLC (PURP) Receives GBX 453.67 Average Target Price from Analysts

Shares of Purplebricks Group PLC (LON:PURP) have earned a consensus rating of “Buy” from the six ratings firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 453.67 ($6.37).

A number of brokerages have issued reports on PURP. Jefferies Group reaffirmed an “underperform” rating and issued a GBX 94 ($1.32) target price on shares of Purplebricks Group in a research note on Friday, February 2nd. JPMorgan Chase reissued an “overweight” rating and set a GBX 733 ($10.29) price objective on shares of Purplebricks Group in a research report on Thursday, January 25th. Peel Hunt reissued a “buy” rating and set a GBX 460 ($6.46) price objective on shares of Purplebricks Group in a research report on Wednesday, January 24th. Berenberg Bank reissued a “buy” rating and set a GBX 470 ($6.60) price objective on shares of Purplebricks Group in a research report on Friday, January 12th. Finally, Citigroup reissued a “buy” rating and set a GBX 500 ($7.02) price objective on shares of Purplebricks Group in a research report on Thursday, December 14th.

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Shares of PURP traded up GBX 0.20 ($0.00) during midday trading on Tuesday, reaching GBX 316.60 ($4.44). The company had a trading volume of 388,765 shares, compared to its average volume of 717,246. Purplebricks Group has a 1-year low of GBX 3.30 ($0.05) and a 1-year high of GBX 525 ($7.37).

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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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