Peel Hunt Reiterates Buy Rating for Purplebricks Group (PURP)

Purplebricks Group (LON:PURP)‘s stock had its “buy” rating reaffirmed by Peel Hunt in a research note issued on Thursday. They currently have a GBX 460 ($6.19) price target on the stock. Peel Hunt’s target price indicates a potential upside of 27.16% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Investec reiterated a “buy” rating and set a GBX 465 ($6.26) price target on shares of Purplebricks Group in a report on Monday, November 6th. Berenberg Bank began coverage on Purplebricks Group in a report on Thursday, October 12th. They set a “buy” rating and a GBX 470 ($6.33) price objective for the company. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 408.80 ($5.50).

Shares of Purplebricks Group (PURP) opened at GBX 361.75 ($4.87) on Thursday. Purplebricks Group has a 12-month low of GBX 3.30 ($0.04) and a 12-month high of GBX 525 ($7.07).

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