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An announcement from Foxtons ( (GB:FOXT) ) is now available.
Foxtons Group PLC has executed a share buyback and cancellation program, purchasing 60,000 of its ordinary shares at a consistent price of 56 pence per share. This transaction will result in a reduction of the total number of shares in issue, impacting the total voting rights and potentially affecting shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:FOXT) stock is a Buy with a £64.00 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’ overall stock score is driven by robust financial performance and positive corporate events, which are slightly offset by bearish technical indicators. The strong valuation supports the stock’s attractiveness, despite negative short-term momentum.
To see Spark’s full report on GB:FOXT stock, click here.
More about Foxtons
Foxtons Group PLC operates in the real estate industry, primarily focusing on estate agency services. The company is known for its property sales and lettings services, with a market focus on the London area.
Average Trading Volume: 671,033
Technical Sentiment Signal: Sell
Current Market Cap: £165.4M
Find detailed analytics on FOXT stock on TipRanks’ Stock Analysis page.