Foxtons Group PLC (LON:FOXT) Given “Neutral” Rating at Citigroup Inc.

Foxtons Group PLC (LON:FOXT)‘s stock had its “neutral” rating reissued by equities research analysts at Citigroup Inc. in a report issued on Friday, July 28th. They presently have a GBX 95 ($1.24) target price on the stock. Citigroup Inc.’s target price suggests a potential downside of 4.04% from the stock’s previous close.

A number of other research firms have also issued reports on FOXT. Barclays PLC reaffirmed an “underweight” rating and issued a GBX 78 ($1.02) target price (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 reaffirmed a “hold” rating and issued a GBX 90 ($1.17) target price on shares of Foxtons Group PLC in a research note on Thursday, July 6th. Peel Hunt cut their price target on Foxtons Group PLC from GBX 80 ($1.04) to GBX 60 ($0.78) and set a “sell” rating for the company in a report on Thursday, July 27th. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a GBX 74 ($0.96) price target on shares of Foxtons Group PLC in a report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. Foxtons Group PLC has a consensus rating of “Hold” and a consensus price target of GBX 95 ($1.24).

Foxtons Group PLC (FOXT) traded up 0.25% during midday trading on Friday, hitting GBX 99.00. The company had a trading volume of 108,548 shares. The stock’s 50-day moving average price is GBX 95.06 and its 200-day moving average price is GBX 98.66. Foxtons Group PLC has a 52-week low of GBX 86.00 and a 52-week high of GBX 128.25. The stock’s market cap is GBX 271.96 million.

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Foxtons Group PLC Company Profile

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.

Analyst Recommendations for Foxtons Group PLC (LON:FOXT)

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