Foxtons Group PLC’s (FOXT) Reduce Rating Reiterated at Peel Hunt
Foxtons Group PLC (LON:FOXT)‘s stock had its “reduce” rating reissued by equities researchers at Peel Hunt in a research note issued on Wednesday. They presently have a GBX 100 ($1.22) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 5.82% from the stock’s previous close.
A number of other brokerages have also recently issued reports on FOXT. Beaufort Securities restated a “hold” rating on shares of Foxtons Group PLC in a research report on Tuesday, June 28th. Credit Suisse Group AG restated a “neutral” rating and set a GBX 114 ($1.39) target price on shares of Foxtons Group PLC in a research report on Tuesday, June 28th. Goldman Sachs Group Inc. restated a “sell” rating and set a GBX 96 ($1.17) target price on shares of Foxtons Group PLC in a research report on Tuesday, June 28th. Numis Securities Ltd restated an “add” rating and set a GBX 145 ($1.77) target price on shares of Foxtons Group PLC in a research report on Friday, July 29th. Finally, Citigroup Inc. cut their target price on shares of 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 research analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. Foxtons Group PLC currently has an average rating of “Hold” and a consensus price target of GBX 120.01 ($1.46).
Foxtons Group PLC (LON:FOXT) opened at 95.65 on Wednesday. The company’s 50 day moving average is GBX 107.36 and its 200-day moving average is GBX 130.83. The stock’s market cap is GBX 263.73 million. Foxtons Group PLC has a 52-week low of GBX 50.00 and a 52-week high of GBX 225.40.
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The company also recently disclosed a dividend, which was paid on Tuesday, September 27th. Stockholders of record on Thursday, September 1st were given a GBX 1.67 ($0.02) dividend. This represents a dividend yield of 1.52%. The ex-dividend date of this dividend 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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