The Property Franchise Group PLC (LON:TPFG – Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 460.90 ($6.09) and traded as low as GBX 441 ($5.83). The Property Franchise Group shares last traded at GBX 446 ($5.89), with a volume of 117,659 shares.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the company. Canaccord Genuity Group reissued a “buy” rating and set a GBX 589 ($7.78) target price on shares of The Property Franchise Group in a report on Tuesday, September 10th. Berenberg Bank increased their target price on The Property Franchise Group from GBX 521 ($6.88) to GBX 589 ($7.78) and gave the stock a “buy” rating in a report on Monday, June 3rd.
View Our Latest Research Report on TPFG
The Property Franchise Group Stock Down 0.8 %
The Property Franchise Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 19th will be issued a dividend of GBX 6 ($0.08) per share. The ex-dividend date is Thursday, September 19th. This represents a dividend yield of 1.27%. The Property Franchise Group’s dividend payout ratio (DPR) is presently 5,454.55%.
The Property Franchise Group Company Profile
The Property Franchise Group PLC manages and leases residential real estate properties in the United Kingdom. The company operates through two segments: Property Franchising and Financial Services. It provides residential letting, estate agency, sales and property management services; and financial services, as well as operates as property franchisor.
Further Reading
- Five stocks we like better than The Property Franchise Group
- Most active stocks: Dollar volume vs share volume
- How Much Can You Make in Stocks in One Month?
- How to Use High Beta Stocks to Maximize Your Investing Profits
- This Is the Top Large-Cap Stock Insiders Are Buying
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside
Receive News & Ratings for The Property Franchise Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Property Franchise Group and related companies with MarketBeat.com's FREE daily email newsletter.