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An announcement from Foxtons ( (GB:FOXT) ) is now available.
Foxtons Group PLC has executed a share buyback and cancellation programme, purchasing 63,000 of its Ordinary Shares at an average price of £0.5445 per share. This move will adjust the total voting rights and shares in issue, 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 £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 operates in the real estate industry, primarily focusing on estate agency services. The company is known for its residential property sales and lettings services, primarily targeting the London market.
Average Trading Volume: 709,240
Technical Sentiment Signal: Sell
Current Market Cap: £162.2M
See more insights into FOXT stock on TipRanks’ Stock Analysis page.