Property Franchise Group PLC 40.5% potential upside indicated by Canaccord Genuity

Property Franchise Group PLC with ticker (LON:TPFG) now has a potential upside of 40.5% according to Canaccord Genuity.



Canaccord Genuity set a target price of 437 GBX for the company, which when compared to the Property Franchise Group PLC share price of 260 GBX at opening today (31/01/2023) indicates a potential upside of 40.5%. Trading has ranged between 207 (52 week low) and 372 (52 week high) with an average of 20,461 shares exchanging hands daily. The market capitalisation at the time of writing is £80,056,839.

The Property Franchise Group PLC is a United Kingdom-based multi-brand property franchisor. It provides lettings and property management, estate agency and financial services. It operates through two segments: Property Franchising and Other. Its brands include CJ Hole, Ellis & Co, EweMove, Hunters, Martin & Co, Parkers, Mullucks, Country Properties, and Whitegates. CJ Hole is engaged in residential sales and lettings, as well as property investment. Ellis & Co is engaged in residential sales and lettings through a changing landscape. EweMove is the only hybrid estate and lettings agency brand in the Company’s portfolio. Hunters is an estate agency brand, which has approximately 200 offices nationwide. Martin & Co is a street property franchise brands, which has approximately 150 branches across the United Kingdom. Parkers is engaged in both residential sales and lettings operating along the M4 corridor. Parkers covers Berkshire, Gloucestershire, Hampshire, Oxfordshire and Wiltshire.