Separately, Citigroup lifted their price objective on Purplebricks Group from GBX 410 ($5.36) to GBX 480 ($6.27) and gave the company a buy rating in a research report on Monday, July 23rd. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. Purplebricks Group currently has an average rating of Buy and an average target price of GBX 447 ($5.84).
Shares of PURP stock opened at GBX 177.44 ($2.32) on Tuesday. Purplebricks Group has a 1-year low of GBX 3.30 ($0.04) and a 1-year high of GBX 525 ($6.86).
Purplebricks Group plc engages in estate agency business in the United Kingdom and Australia. It provides services relating to the sale of properties. The company was formerly known as New Broom Limited and changed its name to Purplebricks Group plc in December 2015. Purplebricks Group plc was incorporated in 2012 and is headquartered in Solihull, the United Kingdom.
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