Peel Hunt Reiterates “Buy” Rating for Purplebricks Group (PURP)

Peel Hunt reaffirmed their buy rating on shares of Purplebricks Group (LON:PURP) in a research note published on Monday morning.

A number of other research analysts have also recently weighed in on PURP. Liberum Capital reissued a buy rating and set a GBX 465 ($6.08) price objective on shares of Purplebricks Group in a research note on Monday, July 2nd. Citigroup raised their price objective on shares of Purplebricks Group from GBX 410 ($5.36) to GBX 480 ($6.27) and gave the stock a buy rating in a research note on Monday, July 23rd. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Purplebricks Group has an average rating of Buy and an average target price of GBX 449.57 ($5.87).

Shares of PURP opened at GBX 232.40 ($3.04) on Monday. Purplebricks Group has a 1-year low of GBX 3.30 ($0.04) and a 1-year high of GBX 525 ($6.86).

About Purplebricks Group

Purplebricks Group plc engages in estate agency business in the United Kingdom and Australia. It provides services relating to the sale of properties. The company was formerly known as New Broom Limited and changed its name to Purplebricks Group plc in December 2015. Purplebricks Group plc was incorporated in 2012 and is headquartered in Solihull, the United Kingdom.

See Also: Understanding Analyst Ratings

Analyst Recommendations for Purplebricks Group (LON:PURP)

Receive News & Ratings for Purplebricks Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Purplebricks Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply