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Citigroup announced Purplebricks Group PLC (LON:PURP), bumping up its stock price target to 200.00GBX today

Just yesterday Purplebricks Group PLC (LON:PURP) traded 1.31% higher at 0.00GBX. PURP’s 50-day moving average is 133.57GBX and its 200-day moving average is 141.18GBX. With the last stock close down 4.37% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. Volume of trade was was down over the average, with 231,173 shares of PURP changing hands under the typical 476,676 shares..

Purplebricks Group PLC (LON:PURP) had its estimated target price raised to 200GBX by Citigroup in an issued report released Tuesday September 13 2016. The latest target price implies a possible consistent performance per the bussiness’ most recent stock close price.

On 7/21/2016, Jefferies International released a statement for Purplebricks Group PLC(LON:PURP) maintained the target price at 94.00GBX that indicated a possible upside of 0.00%.

See Graphic Below:

Purplebricks Group PLC (LON:PURP)

Also covering Purplebricks Group PLC’s target price, a total of 2 brokerages have released a report on Purplebricks Group PLC. The consensus target is 157.00GBX with 0 rating the company a strong buy, 0 rating the company a buy, 0 analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 firms rating the company as sell.

Purplebricks Group PLC has a one-year low of 72.00GBX and a 52 week high of 180.00GBX . PURP’s market capitalization is currently 0.0 GBX.

Brief Synopsis On Purplebricks Group PLC (LON:PURP)

Purplebricks Group plc is a United Kingdom-based national estate agency and lettings business. The Company’s business is driven by a combination of professional local property experts (LPEs), technology and customer facing software designed to change the experience of selling, buying and letting property. The Company’s LPEs have a number of years’ experience of estate agency and valuing property in their local area. The Company provides a technology platform that facilitates the process of selling, buying and letting a property around the clock at the touch of a button from any device. The Company’s technology enables a vendor to have their property live on the market within a short period of instruction, and for it to be listed on and various property Websites for instant and overnight feeds. The Company is also engaged in conveyancing, and mortgage referrals and insurance business.

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