Purplebricks Group PLC (LON:PURP)‘s stock had its “buy” rating restated by stock analysts at Investec in a note issued to investors on Monday. They presently have a GBX 465 ($6.12) target price on the stock. Investec’s price objective points to a potential upside of 13.35% from the company’s previous close.
A number of other analysts have also recently commented on PURP. Peel Hunt reaffirmed a “buy” rating and issued a GBX 460 ($6.05) price target on shares of Purplebricks Group PLC in a research note on Monday. Berenberg Bank initiated coverage on Purplebricks Group PLC in a research note on Thursday, October 12th. They set a “buy” rating and a GBX 470 ($6.18) target price for the company. Finally, Jefferies Group LLC reissued an “underperform” rating and set a GBX 94 ($1.24) target price on shares of Purplebricks Group PLC in a research note on Thursday, July 13th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Purplebricks Group PLC has a consensus rating of “Buy” and a consensus price target of GBX 408.80 ($5.38).
Shares of Purplebricks Group PLC (LON:PURP) traded up GBX 20.25 ($0.27) during mid-day trading on Monday, hitting GBX 410.25 ($5.40). The stock had a trading volume of 2,112,611 shares, compared to its average volume of 1,140,000. Purplebricks Group PLC has a one year low of GBX 98.75 ($1.30) and a one year high of GBX 525 ($6.91).
TRADEMARK VIOLATION NOTICE: “Purplebricks Group PLC (PURP) Given Buy Rating at Investec” was originally published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another publication, it was stolen and reposted in violation of US and international trademark & copyright laws. The correct version of this article can be viewed at https://www.com-unik.info/2017/11/06/purplebricks-group-plc-purp-given-buy-rating-at-investec.html.
About Purplebricks Group PLC
What are top analysts saying about Purplebricks Group PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Purplebricks Group PLC and related companies.