Peel Hunt Lowers Foxtons Group PLC (LON:FOXT) Price Target to GBX 60
Foxtons Group PLC (LON:FOXT) had its price target decreased by research analysts at Peel Hunt from GBX 80 ($1.04) to GBX 60 ($0.78) in a research note issued to investors on Thursday, July 27th. The brokerage currently has a “sell” rating on the stock. Peel Hunt’s target price would indicate a potential downside of 35.66% from the stock’s current price.
Other equities analysts have also recently issued research reports about the stock. Barclays PLC restated an “underweight” rating and issued a GBX 78 ($1.01) price objective (down previously from GBX 100.10 ($1.30)) on shares of Foxtons Group PLC in a research note on Monday, June 26th. Jefferies Group LLC restated a “hold” rating and issued a GBX 90 ($1.17) price objective on shares of Foxtons Group PLC in a research note on Thursday, July 6th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 95 ($1.23).
Shares of Foxtons Group PLC (LON:FOXT) traded up 0.80% during midday trading on Thursday, hitting GBX 94.00. 88,644 shares of the company were exchanged. Foxtons Group PLC has a one year low of GBX 86.00 and a one year high of GBX 124.75. The stock’s 50-day moving average is GBX 95.17 and its 200-day moving average is GBX 98.74. The stock’s market cap is GBX 258.23 million.
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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