Peel Hunt reiterated their under review rating on shares of Purplebricks Group (LON:PURP) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. boosted their target price on LYFT from $82.00 to $86.00 in a research report on Wednesday, May 8th. UBS Group set a €23.50 ($27.33) target price on Infineon Technologies and gave the company a buy rating in a research report on Wednesday, July 3rd. Finally, Berenberg Bank restated a hold rating and set a GBX 95 ($1.24) target price on shares of Gem Diamonds in a research report on Wednesday, May 8th. Two analysts have rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of GBX 228.20 ($2.98).

Shares of LON:PURP opened at GBX 110 ($1.44) on Tuesday. Purplebricks Group has a 1 year low of GBX 88.50 ($1.16) and a 1 year high of GBX 327.20 ($4.28). The company’s 50 day simple moving average is GBX 102.67. The stock has a market capitalization of $336.99 million and a price-to-earnings ratio of -6.08.

In other Purplebricks Group news, insider Andreas Wiele bought 43,662,416 shares of the company’s stock in a transaction on Sunday, June 2nd. The stock was acquired at an average price of GBX 100 ($1.31) per share, for a total transaction of £43,662,416 ($57,052,679.99).

About Purplebricks Group

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.

Further Reading: What is Net Asset Value (NAV)?

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