Canaccord Genuity Group reaffirmed their buy rating on shares of The Property Franchise Group (LON:TPFG – Free Report) in a research note issued to investors on Tuesday, Marketbeat.com reports. The firm currently has a GBX 589 ($7.70) price target on the stock.
Separately, Berenberg Bank upped their price objective on shares of The Property Franchise Group from GBX 521 ($6.81) to GBX 589 ($7.70) and gave the stock a buy rating in a research report on Monday, June 3rd.
View Our Latest Stock Report on The Property Franchise Group
The Property Franchise Group Price Performance
The Property Franchise Group Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, October 4th. Shareholders of record on Thursday, September 19th will be given a GBX 6 ($0.08) dividend. This represents a yield of 1.27%. The ex-dividend date of this dividend is Thursday, September 19th. The Property Franchise Group’s payout ratio is 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.
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