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Foxtons ( (GB:FOXT) ) has shared an announcement.
Foxtons Group PLC has executed a share buyback program, purchasing 62,000 of its ordinary shares at a consistent price of 0.539 GBP per share. This move, part of a previously announced buyback initiative, will result in the cancellation of these shares, affecting the total voting rights and shares in issue, which stakeholders can use to assess their interests under regulatory guidelines.
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 primary driver of its overall score, supported by solid revenue growth and profitability. The valuation is attractive with a reasonable P/E ratio and dividend yield. However, the technical analysis suggests caution due to bearish trends, which slightly offsets the positive financial and valuation aspects.
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 property sales and lettings services. The company is focused on the London market, providing a range of services including property management and financial services related to real estate transactions.
Average Trading Volume: 477,736
Technical Sentiment Signal: Sell
Current Market Cap: £160.8M
See more insights into FOXT stock on TipRanks’ Stock Analysis page.