tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Foxtons Executes Share Buyback and Cancellation Program

Story Highlights
Foxtons Executes Share Buyback and Cancellation Program

Meet Your ETF AI Analyst

Foxtons ( (GB:FOXT) ) just unveiled an announcement.

Foxtons Group PLC has executed a share buyback and cancellation program, purchasing 60,000 of its ordinary shares through Singer Capital Markets at an average price of 0.558833 GBP per share. This move will reduce the number of shares in issue and adjust the total voting rights, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:FOXT) stock is a Buy with a £61.00 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 most significant factor, supported by robust revenue growth and efficient cash flow management. The valuation is reasonable, with a fair P/E ratio and a decent dividend yield. Technical analysis indicates some short-term weakness, but no major momentum shifts. The absence of earnings call data and corporate events does not impact the score.

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 offering estate agency services including property sales, lettings, and mortgage broking in the UK market.

Average Trading Volume: 700,860

Technical Sentiment Signal: Sell

Current Market Cap: £162.9M

See more data about FOXT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1