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Foxtons ( (GB:FOXT) ) has shared an update.
Foxtons Group plc has appointed Panmure Liberum Limited as a joint corporate broker, working alongside existing broker Singer Capital Markets with immediate effect. The move suggests Foxtons is strengthening its capital markets and investor relations capabilities, potentially broadening its access to institutional investors and enhancing support for its shares on the London Stock Exchange.
The most recent analyst rating on (GB:FOXT) stock is a Buy with a £69.00 price target. To see the full list of analyst forecasts on Foxtons stock, see the GB:FOXT Stock Forecast page.
Spark’s Take on GB:FOXT Stock
According to Spark, TipRanks’ AI Analyst, GB:FOXT is a Outperform.
Foxtons’ strong financial performance and strategic corporate actions, such as share buybacks, are the primary drivers of its high score. Technical indicators suggest bullish momentum, though caution is advised due to overbought signals. The valuation is attractive, supporting the stock’s potential for growth.
To see Spark’s full report on GB:FOXT stock, click here.
More about Foxtons
Foxtons Group plc is a London-focused estate agency operating in the UK real estate services sector, specialising in residential sales, lettings and related property services within the capital’s housing market.
Average Trading Volume: 391,341
Technical Sentiment Signal: Buy
Current Market Cap: £170.9M
For a thorough assessment of FOXT stock, go to TipRanks’ Stock Analysis page.