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Property Franchise Group reports strong earnings, raises dividend, as Canaccord upgrades stock to "buy".
The Property Franchise Group reported quarterly earnings of GBX 31.70 per share, with a net margin of 18.96% and return on equity of 8.40%.
The company's stock price is GBX 410 after trading down GBX 1.50.
It announced an increased dividend of GBX 12 per share, to be paid on April 21st, with a yield of 2.93%.
Canaccord Genuity Group upgraded the stock to a "buy" rating with a price target of GBX 595.
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Property Franchise Group reporta fuertes ganancias, eleva dividendos, mientras Canaccord actualiza acciones para "comprar".