Foxtons Group’s (FOXT) Sell Rating Reiterated at Berenberg Bank
Foxtons Group (LON:FOXT)‘s stock had its “sell” rating reiterated by stock analysts at Berenberg Bank in a note issued to investors on Friday.
Several other equities research analysts have also recently commented on the company. Citigroup reaffirmed a “neutral” rating and set a GBX 85 ($1.15) price objective on shares of Foxtons Group in a research report on Tuesday, October 31st. Peel Hunt reaffirmed a “sell” rating and set a GBX 60 ($0.81) price objective on shares of Foxtons Group in a research report on Wednesday, October 18th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 74 ($1.00) price objective on shares of Foxtons Group in a research report on Monday, September 25th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Foxtons Group has a consensus rating of “Hold” and an average price target of GBX 88.13 ($1.20).
Foxtons Group (LON:FOXT) traded up GBX 0.60 ($0.01) during trading on Friday, hitting GBX 84.20 ($1.14). The company had a trading volume of 3,540,686 shares, compared to its average volume of 226,961. Foxtons Group has a 12 month low of GBX 63.50 ($0.86) and a 12 month high of GBX 115.13 ($1.56). The stock has a market capitalization of $236.04 and a PE ratio of 2,105.00.
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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