Purplebricks Group (LON:PURP) Stock Rating Reaffirmed by Peel Hunt

Purplebricks Group (LON:PURP)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a report released on Thursday, January 4th. They presently have a GBX 460 ($6.24) price target on the stock. Peel Hunt’s price objective would indicate a potential upside of 14.26% from the company’s previous close.

A number of other research analysts also recently weighed in on PURP. Investec reiterated a “buy” rating and set a GBX 465 ($6.31) target price on shares of Purplebricks Group in a report on Monday, November 6th. Citigroup reiterated a “buy” rating and set a GBX 500 ($6.78) target price on shares of Purplebricks Group in a report on Thursday, December 14th. Finally, Berenberg Bank began coverage on Purplebricks Group in a report on Thursday, October 12th. They set a “buy” rating and a GBX 470 ($6.37) target price on the stock. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of GBX 397.80 ($5.39).

Purplebricks Group (LON:PURP) traded down GBX 12.02 ($0.16) during mid-day trading on Thursday, hitting GBX 402.58 ($5.46). The company’s stock had a trading volume of 278,550 shares, compared to its average volume of 459,922. Purplebricks Group has a 1 year low of GBX 3.30 ($0.04) and a 1 year high of GBX 525 ($7.12). The stock has a market cap of $1,100.00 and a P/E ratio of -13,419.33.

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Purplebricks Group Company Profile

Analyst Recommendations for Purplebricks Group (LON:PURP)

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