Purplebricks Group PLC (PURP) Receives Consensus Recommendation of “Buy” from Analysts

Purplebricks Group PLC (LON:PURP) has earned an average rating of “Buy” from the four research firms that are presently covering the stock. One investment analyst has rated the stock with a sell recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 187.25 ($2.33).

Several analysts have recently issued reports on PURP shares. Peel Hunt reiterated a “buy” rating and issued a GBX 270 ($3.36) price objective on shares of Purplebricks Group PLC in a research note on Thursday, January 5th. Investec reiterated a “buy” rating and issued a GBX 185 ($2.30) price objective on shares of Purplebricks Group PLC in a research note on Thursday, January 5th. Finally, Jefferies Group LLC reiterated an “underperform” rating and issued a GBX 94 ($1.17) price objective on shares of Purplebricks Group PLC in a research note on Thursday, November 24th.

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In related news, insider David Kavanagh sold 101,502 shares of the stock in a transaction on Tuesday, December 20th. The stock was sold at an average price of GBX 148 ($1.84), for a total value of £150,222.96 ($187,123.77).

Shares of Purplebricks Group PLC (LON:PURP) opened at 208.50 on Monday. The firm’s 50-day moving average price is GBX 167.50 and its 200-day moving average price is GBX 140.00. Purplebricks Group PLC has a 12 month low of GBX 95.10 and a 12 month high of GBX 214.25. The firm’s market cap is GBX 509.50 million.

Purplebricks Group PLC Company Profile

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