Purplebricks Group (LON:PURP) Rating Reiterated by Peel Hunt

Purplebricks Group (LON:PURP)‘s stock had its “under review” rating reiterated by Peel Hunt in a note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.

A number of other research analysts have also commented on PURP. UBS Group restated a “neutral” rating on shares of Purplebricks Group in a research note on Monday, October 28th. JPMorgan Chase & Co. dropped their price objective on shares of Purplebricks Group from GBX 145 ($1.89) to GBX 124 ($1.62) and set a “neutral” rating on the stock in a research note on Friday, November 1st.

LON PURP traded down GBX 2.40 ($0.03) during trading on Thursday, reaching GBX 110.60 ($1.45). The company’s stock had a trading volume of 68,708 shares, compared to its average volume of 717,246. The firm has a market cap of $340.56 million and a price-to-earnings ratio of -6.11. Purplebricks Group has a twelve month low of GBX 88.50 ($1.16) and a twelve month high of GBX 204.20 ($2.67). The business’s fifty day moving average price is GBX 112.26 and its 200-day moving average price is GBX 113.19.

Purplebricks Group Company Profile

Purplebricks Group plc engages in real estate agency business in the United Kingdom, Australia, the United States, and Canada. It provides services relating to the sale and letting of properties. The company combines local property experts and technology to help make the process of selling, buying, or letting more convenient, transparent, and cost effective.

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