Peel Hunt Set Purchase Rating for Purplebricks Group (PURP)

Peel Hunt Set Purchase Rating for Purplebricks Group (PURP)

Purplebricks Group (LON:PURP)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Tuesday.

Separately, Citigroup cut their price target on Purplebricks Group from GBX 480 ($6.27) to GBX 455 ($5.95) and set a “buy” rating for the company in a research note on Friday, September 28th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. Purplebricks Group presently has a consensus rating of “Buy” and a consensus price target of GBX 447 ($5.84).

Shares of LON:PURP opened at GBX 178.48 ($2.33) on Tuesday. Purplebricks Group has a 52 week low of GBX 3.30 ($0.04) and a 52 week 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.

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