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Foxtons ( (GB:FOXT) ) just unveiled an update.
Foxtons Group PLC has executed a share buyback and cancellation programme, purchasing 175,000 of its Ordinary Shares at an average price of £0.551267 per share. This move will reduce the number of shares in issue and adjust the total voting rights, potentially 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 £63.00 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 stock score, supported by solid revenue growth and profitability. The valuation is attractive with a reasonable P/E ratio and a decent dividend yield. Technical analysis presents mixed signals, suggesting cautious optimism. 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 focusing on estate agency services. The company is known for its residential property sales and lettings in the London market.
Average Trading Volume: 658,511
Technical Sentiment Signal: Sell
Current Market Cap: £166.1M
For a thorough assessment of FOXT stock, go to TipRanks’ Stock Analysis page.