Foxtons Group PLC (FOXT) Receives “Reduce” Rating from Peel Hunt
Foxtons Group PLC (LON:FOXT)‘s stock had its “reduce” rating reiterated by analysts at Peel Hunt in a report released on Wednesday. They currently have a GBX 100 ($1.22) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 5.82% from the company’s current price.
Other analysts have also recently issued reports about the company. Beaufort Securities restated a “hold” rating on shares of Foxtons Group PLC in a research report on Tuesday, June 28th. Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 114 ($1.39) price target on shares of Foxtons Group PLC in a research report on Tuesday, June 28th. Goldman Sachs Group Inc. reiterated a “sell” rating and set a GBX 96 ($1.17) price target on shares of Foxtons Group PLC in a research report on Tuesday, June 28th. Numis Securities Ltd reiterated an “add” rating and set a GBX 145 ($1.77) price target on shares of Foxtons Group PLC in a research report on Friday, July 29th. Finally, Citigroup Inc. dropped their price target on Foxtons Group PLC from GBX 140 ($1.71) to GBX 100 ($1.22) and set a “neutral” rating for the company in a research report on Tuesday, July 5th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 120.01 ($1.46).
Shares of Foxtons Group PLC (LON:FOXT) opened at 96.25 on Wednesday. Foxtons Group PLC has a 1-year low of GBX 50.00 and a 1-year high of GBX 225.40. The stock’s market cap is GBX 265.38 million. The firm has a 50-day moving average price of GBX 107.36 and a 200-day moving average price of GBX 130.83.
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The business also recently disclosed 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 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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