Foxtons Group PLC (FOXT) Receives Consensus Rating of “Hold” from Brokerages

Foxtons Group PLC (LON:FOXT) has received an average rating of “Hold” from the eight ratings firms that are covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 88.13 ($1.16).

A number of research firms have issued reports on FOXT. Credit Suisse Group reissued a “neutral” rating and set a GBX 74 ($0.97) price target on shares of Foxtons Group PLC in a research report on Monday, September 25th. Peel Hunt reissued a “sell” rating and set a GBX 60 ($0.79) price target on shares of Foxtons Group PLC in a research report on Wednesday, September 27th. Citigroup Inc. reissued a “neutral” rating and set a GBX 95 ($1.25) price target on shares of Foxtons Group PLC in a research report on Friday, July 28th. Finally, Berenberg Bank began coverage on shares of Foxtons Group PLC in a research report on Thursday, October 12th. They set a “sell” rating and a GBX 50 ($0.66) price target for the company.

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Shares of Foxtons Group PLC (FOXT) opened at GBX 72 ($0.95) on Friday. Foxtons Group PLC has a twelve month low of GBX 63.50 ($0.84) and a twelve month high of GBX 123.50 ($1.62).

About Foxtons Group PLC

Foxtons Group plc is a United Kingdom-based company, which operates as an estate agent. The Company and its subsidiaries are engaged in the provision of services to the residential property market in the United Kingdom. It operates through three segments: Sales, Lettings and Mortgage Broking. The Sales segment generates commission on sales of residential property.

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