Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Foxtons ( (GB:FOXT) ) has provided an update.
Foxtons Group plc has executed another tranche of its previously announced share buyback and cancellation programme, repurchasing 50,000 ordinary shares at an average price of £0.478310 through Singer Capital Markets. The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 320,089,464, of which 25,527,664 are held in treasury, leaving 294,561,800 shares carrying voting rights and slightly enhancing remaining shareholders’ proportional ownership and key per-share metrics.
The updated total voting rights figure provides a new reference point for investors assessing disclosure thresholds under the FCA’s transparency rules, reinforcing Foxtons’ compliance with market regulations. This continued execution of the buyback programme signals ongoing capital management discipline and may be interpreted as confidence in the company’s valuation and long-term prospects by the board and management.
The most recent analyst rating on (GB:FOXT) stock is a Buy with a £53.00 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 Neutral.
The score is supported by improving fundamentals (profitability since 2022, deleveraging, positive cash generation) and attractive valuation (low P/E with a dividend). These are partially offset by weak technical momentum (below key moving averages with negative MACD) and earnings-call risks around sales underperformance, margin/cost pressure, and near-term working-capital headwinds despite positive 2026 growth guidance.
To see Spark’s full report on GB:FOXT stock, click here.
More about Foxtons
Foxtons Group plc is a U.K.-based real estate agency group focused on residential sales, lettings and related property services, primarily in the London market. The company operates through a network of branches and digital platforms, serving homeowners, landlords, tenants and property investors across its core urban footprint.
Average Trading Volume: 605,831
Technical Sentiment Signal: Sell
Current Market Cap: £139.3M
Find detailed analytics on FOXT stock on TipRanks’ Stock Analysis page.