Credit Suisse Group AG Cuts Foxtons Group PLC (FOXT) Price Target to GBX 100
Foxtons Group PLC (LON:FOXT) had its price objective lowered by Credit Suisse Group AG from GBX 102 ($1.24) to GBX 100 ($1.22) in a report released on Wednesday. The firm currently has a “neutral” rating on the stock. Credit Suisse Group AG’s target price points to a potential upside of 5.82% from the stock’s previous close.
A number of other equities research analysts have also recently weighed in on FOXT. Peel Hunt restated a “reduce” rating and issued a GBX 100 ($1.22) price target on shares of Foxtons Group PLC in a report on Friday, July 29th. Goldman Sachs Group Inc. restated a “sell” rating and issued a GBX 96 ($1.17) price target on shares of Foxtons Group PLC in a report on Tuesday, June 28th. Numis Securities Ltd restated an “add” rating and issued a GBX 145 ($1.77) price target on shares of Foxtons Group PLC in a report on Friday, July 29th. Barclays PLC lowered their price target on Foxtons Group PLC from GBX 159.70 ($1.95) to GBX 100.10 ($1.22) and set an “underweight” rating on the stock in a report on Monday, September 19th. Finally, Beaufort Securities restated a “hold” rating on shares of Foxtons Group PLC in a report on Tuesday, June 28th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 118.01 ($1.44).
Foxtons Group PLC (LON:FOXT) traded up 2.91% during midday trading on Wednesday, reaching GBX 97.25. The company’s stock had a trading volume of 768,413 shares. The stock’s market capitalization is GBX 268.14 million. Foxtons Group PLC has a 52 week low of GBX 50.00 and a 52 week high of GBX 225.40. The firm’s 50-day moving average price is GBX 107.36 and its 200-day moving average price is GBX 130.83.
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The firm also recently declared a dividend, which was paid on Tuesday, September 27th. Shareholders of record on Thursday, September 1st were paid a dividend of GBX 1.67 ($0.02) per share. This represents a dividend yield of 1.52%. The ex-dividend date was Thursday, September 1st.
About Foxtons Group PLC
Foxtons Group plc is a United Kingdom-based company, which operates as an estate agent. The Company and its subsidiaries are engaged in the provision of services to the residential property market in the United Kingdom. It operates through three segments: Sales, Lettings and Mortgage Broking. The Sales segment generates commission on sales of residential property.
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