Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Foxtons ( (GB:FOXT) ) has provided an update.
Foxtons Group plc has announced the purchase and cancellation of 63,000 of its Ordinary Shares as part of its share buyback programme. This move is expected to impact the company’s total voting rights and share capital structure, potentially affecting shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:FOXT) stock is a Buy with a £62.00 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 is the primary driver of its overall score, supported by solid revenue growth and profitability. The valuation is fair, offering a reasonable P/E ratio and dividend yield. However, technical indicators suggest a bearish trend, which tempers the overall score.
To see Spark’s full report on GB:FOXT stock, click here.
More about Foxtons
Foxtons Group plc is a prominent real estate agency based in the UK, specializing in property sales and lettings. The company is known for its extensive network of branches across London and its focus on providing comprehensive real estate services to clients in the residential property market.
Average Trading Volume: 644,170
Technical Sentiment Signal: Sell
Current Market Cap: £164.3M
Find detailed analytics on FOXT stock on TipRanks’ Stock Analysis page.