Today: The Jefferies Group Reiterates “Hold” Rating for Foxtons Group PLC (FOXT)

The Jefferies Group Reiterates “Hold” Rating for Foxtons Group PLC (FOXT)

Foxtons Group PLC (LON:FOXT)‘s stock had its “hold” rating restated by research analysts at Jefferies Group in a report released on Thursday. They currently have a GBX 110 ($1.37) price target on the stock. Jefferies Group’s target price indicates a potential upside of 8.37% from the stock’s current price.

A number of other research analysts have also recently issued reports on the stock. Barclays PLC dropped their target price on shares of Foxtons Group PLC from GBX 159.70 ($2.00) to GBX 100.10 ($1.25) and set an “underweight” rating for the company in a report on Monday, September 19th. Credit Suisse Group AG dropped their target price on shares of Foxtons Group PLC from GBX 102 ($1.27) to GBX 100 ($1.25) and set a “neutral” rating for the company in a report on Wednesday, October 19th. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 100 ($1.25) target price on shares of Foxtons Group PLC in a report on Wednesday, October 19th. Finally, Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 145 ($1.81) target price on shares of Foxtons Group PLC in a report on Friday, July 29th. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 117.01 ($1.46).

Foxtons Group PLC (LON:FOXT) opened at 102.87 on Thursday. The company has a 50-day moving average price of GBX 107.20 and a 200-day moving average price of GBX 122.43. Foxtons Group PLC has a 12-month low of GBX 50.00 and a 12-month high of GBX 201.50. The firm’s market capitalization is GBX 283.64 million.

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