Purplebricks Group PLC Stock Is Crashing Now

 Purplebricks Group PLC Stock Is Crashing Now

The stock of Purplebricks Group PLC (LON:PURP) is a huge mover today! The stock increased 2.44% or GBX 2.66 on November 24, hitting GBX 111.66. About 101,498 shares traded hands. Purplebricks Group PLC (LON:PURP) has declined 31.77% since April 25, 2016 and is downtrending. It has underperformed by 37.18% the S&P500.
The move comes after 7 months negative chart setup for the GBX 275.57M company. It was reported on Nov, 24 by Barchart.com. We have GBX 103.84 PT which if reached, will make LON:PURP worth GBX 19.29 million less.

Purplebricks Group PLC (LON:PURP) Ratings Coverage

Out of 4 analysts covering Purplebricks Group PLC (LON:PURP), 3 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 75% are positive. Purplebricks Group PLC has been the topic of 8 analyst reports since May 31, 2016 according to StockzIntelligence Inc. The rating was maintained by Cantor Fitzgerald with “Buy” on Thursday, September 15. Jefferies maintained Purplebricks Group PLC (LON:PURP) rating on Thursday, July 21. Jefferies has “Underperform” rating and GBX 94 price target. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, June 16. Peel Hunt maintained the shares of PURP in a report on Thursday, September 15 with “Buy” rating. The firm has “Underperform” rating given on Thursday, November 24 by Jefferies.

More notable recent Purplebricks Group PLC (LON:PURP) news were published by: Fool.Co.Uk which released: “Should You Buy Woodford-Backed Purplebricks Group plc ORD 1p?” on December 18, 2015, also Fool.Co.Uk with their article: “3 post-Brexit bargains? Tesco plc (-6%), Purplebricks Group plc (-8%) and …” published on June 28, 2016, Fool.Co.Uk published: “1 Thing You Need To Know Before Buying Purplebricks Group plc, Zoopla Property …” on May 11, 2016. More interesting news about Purplebricks Group PLC (LON:PURP) were released by: Fool.Co.Uk and their article: “Are Rightmove Plc And Purplebricks Group Plc Set To Devastate The £4bn Estate …” published on April 04, 2016 as well as Fool.Co.Uk‘s news article titled: “Are Purplebricks Group plc, Foxtons Group plc or Savills plc the best way to …” with publication date: May 17, 2016.

Purplebricks Group plc is a United Kingdom firm engaged in the business of estate agency. The company has a market cap of 275.57 million GBP. The Firm operates through the division of providing services relating to the sale of properties. It currently has negative earnings. The Firm uses technology in the process of selling, buying or letting of properties.

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