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.
The latest update is out from Foxtons ( (GB:FOXT) ).
Foxtons Group PLC announced the purchase and subsequent cancellation of 61,000 of its Ordinary Shares as part of its ongoing share buyback and cancellation programme. This move is expected to adjust the total voting rights and share distribution, potentially impacting shareholder calculations and interests 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 operates in the real estate industry, primarily focusing on estate agency services in the UK. The company is known for its property sales, lettings, and mortgage broking services, catering to a wide range of clients in the residential property market.
Average Trading Volume: 677,683
Technical Sentiment Signal: Sell
Current Market Cap: £168.4M
See more insights into FOXT stock on TipRanks’ Stock Analysis page.