Property Franchise Group PLC 31.3% potential upside indicated by Berenberg Bank

Property Franchise Group PLC with ticker (LON:TPFG) now has a potential upside of 31.3% according to Berenberg Bank.

TPFG.L

Berenberg Bank set a target price of 589 GBX for the company, which when compared to the Property Franchise Group PLC share price of 449 GBX at opening today (21/06/2024) indicates a potential upside of 31.3%. Trading has ranged between 254 (52 week low) and 455 (52 week high) with an average of 71,756 shares exchanging hands daily. The market capitalisation at the time of writing is £274,868,640.

The Property Franchise Group PLC is a United Kingdom-based multi-brand lettings and estate agency franchising company. The Company is engaged in the residential property franchise business. Its segments include Property Franchising and Financial Services. Its brands include Belvoir, CJ Hole, Country Properties, Ellis & Co, EweMove, Hunters, Lovelle, Martin & Co, Mr and Mrs Clarke, Mullucks, Newton Fallowell, Nicholas Humphreys, Northwood, Parkers, Whitegates, The Guild of Property Professionals, and Fine & Country. Belvoir is an estate agent and lettings agent. CJ Hole specializes in residential sales and lettings, as well as property investment. Ellis & Co is engaged in residential sales and lettings. EweMove is a hybrid estate and lettings agency. Martin & Co is a high street property franchise. Mullucks is an estate agent in Essex and Hertfordshire. Newton Fallowell is an estate agent across the Midlands. The Company combined network consists of approximately 1,946 outlets.