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Foxtons ( (GB:FOXT) ) has issued an update.
Foxtons Group PLC has executed a share buyback program, purchasing 61,000 of its ordinary shares at a consistent price of 0.548 GBP per share. This move is part of a previously announced program and will result in the cancellation of these shares, impacting the total voting rights and shares in issue, which stakeholders can use to assess their interests in the company.
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 within 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, with a significant market presence in London.
Average Trading Volume: 692,657
Technical Sentiment Signal: Sell
Current Market Cap: £163.6M
For a thorough assessment of FOXT stock, go to TipRanks’ Stock Analysis page.