Foxtons Group (FOXT) Given Sell Rating at Peel Hunt

Foxtons Group (LON:FOXT)‘s stock had its “sell” rating reissued by equities researchers at Peel Hunt in a research report issued to clients and investors on Thursday. They presently have a GBX 60 ($0.81) target price on the stock. Peel Hunt’s price objective suggests a potential downside of 21.26% from the company’s previous close.

A number of other analysts also recently weighed in on FOXT. Berenberg Bank initiated coverage on Foxtons Group in a report on Thursday, October 12th. They set a “sell” rating and a GBX 50 ($0.68) price target for the company. Citigroup reiterated a “neutral” rating and set a GBX 85 ($1.15) price target on shares of Foxtons Group in a report on Tuesday, October 31st. Three analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 88.13 ($1.20).

Shares of Foxtons Group (FOXT) traded up GBX 0.20 ($0.00) during trading on Thursday, reaching GBX 76.20 ($1.03). The company’s stock had a trading volume of 168,071 shares, compared to its average volume of 321,702. Foxtons Group has a 52-week low of GBX 63.50 ($0.86) and a 52-week high of GBX 115.13 ($1.56). The firm has a market cap of $210.45 and a P/E ratio of 1,905.00.

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About Foxtons Group

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.

Analyst Recommendations for Foxtons Group (LON:FOXT)

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