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The Property Franchise ( (GB:TPFG) ) has issued an update.
The Property Franchise Group PLC has acquired an 85% stake in Smart Advice Financial Solutions Ltd, an appointed representative of Mortgage Advice Bureau, adding 34 advisers and lifting its financial services network to 315 advisers. The board expects the deal to bolster TPFG’s growth strategy by broadening its client base and enhancing its capacity to generate mortgage, remortgage and protection business across its extensive property franchise network, with management highlighting scope to scale the division further by boosting adviser productivity and recruitment.
The most recent analyst rating on (GB:TPFG) stock is a Buy with a £594.00 price target. To see the full list of analyst forecasts on The Property Franchise stock, see the GB:TPFG Stock Forecast page.
Spark’s Take on GB:TPFG Stock
According to Spark, TipRanks’ AI Analyst, GB:TPFG is a Outperform.
The Property Franchise Group’s overall stock score is driven by strong financial performance and positive corporate events. The company’s robust revenue growth and profitability, combined with strategic initiatives and executive confidence, position it well for future growth. However, technical analysis indicates potential short-term challenges, and valuation metrics suggest the stock is fairly priced.
To see Spark’s full report on GB:TPFG stock, click here.
More about The Property Franchise
The Property Franchise Group PLC (TPFG) is the UK’s largest multi-brand property franchisor, with a network of over 1,900 outlets providing residential property services alongside an established financial services arm. Founded in 1986 and listed on AIM since 2013, the Bournemouth-headquartered group operates 18 estate and lettings brands, spanning traditional high-street and hybrid models, and participates in leading mortgage networks through its broker businesses.
Average Trading Volume: 110,844
Technical Sentiment Signal: Buy
Current Market Cap: £322.6M
For detailed information about TPFG stock, go to TipRanks’ Stock Analysis page.