The Property Franchise Group PLC (TPFG) To Go Ex-Dividend on September 19th

The Property Franchise Group PLC (LON:TPFG) declared a dividend on Tuesday, September 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of GBX 6 ($0.08) per share on Friday, October 4th. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, September 19th. The official announcement can be accessed at this link.

The Property Franchise Group Stock Performance

LON TPFG opened at GBX 445.25 ($5.88) on Tuesday. The stock has a market capitalization of £283.85 million, a price-to-earnings ratio of 2,022.73 and a beta of 0.42. The stock has a 50-day moving average of GBX 460.81 and a 200 day moving average of GBX 411.37. The company has a current ratio of 1.11, a quick ratio of 1.20 and a debt-to-equity ratio of 11.13. The Property Franchise Group has a twelve month low of GBX 270.20 ($3.57) and a twelve month high of GBX 490 ($6.47).

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TPFG. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 589 ($7.78) target price on shares of The Property Franchise Group in a research note on Tuesday, September 10th. Berenberg Bank increased their price objective on shares of The Property Franchise Group from GBX 521 ($6.88) to GBX 589 ($7.78) and gave the company a “buy” rating in a report on Monday, June 3rd.

About The Property Franchise Group

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.