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

Peel Hunt restated their buy rating on shares of Purplebricks Group (LON:PURP) in a research note issued to investors on Tuesday morning.

Separately, Citigroup increased their target price on 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 analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. Purplebricks Group has an average rating of Buy and an average price target of GBX 447 ($5.84).

Shares of LON PURP traded down GBX 5 ($0.07) during trading on Tuesday, reaching GBX 175 ($2.29). The company had a trading volume of 789,440 shares, compared to its average volume of 717,246. Purplebricks Group has a 12-month low of GBX 3.30 ($0.04) and a 12-month high of GBX 525 ($6.86).

Purplebricks Group Company Profile

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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Analyst Recommendations for Purplebricks Group (LON:PURP)

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