What’s Ahead for Foxtons Group PLC After Today’s Huge Decline?

 What's Ahead for Foxtons Group PLC After Today's Huge Decline?

The stock of Foxtons Group PLC (LON:FOXT) is a huge mover today! The stock decreased 3.09% or GBX 3.25 on November 24, hitting GBX 102. About 1.43 million shares traded hands or 205.12% up from the average. Foxtons Group PLC (LON:FOXT) has declined 32.21% since April 26, 2016 and is downtrending. It has underperformed by 37.62% the S&P500.
The move comes after 5 months negative chart setup for the GBX 280.61M company. It was reported on Nov, 24 by Barchart.com. We have GBX 94.86 PT which if reached, will make LON:FOXT worth GBX 19.64 million less.

Foxtons Group PLC (LON:FOXT) Ratings Coverage

Out of 10 analysts covering Foxtons Group PLC (LON:FOXT), 3 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 30% are positive. Foxtons Group PLC has been the topic of 28 analyst reports since July 30, 2015 according to StockzIntelligence Inc. As per Thursday, May 26, the company rating was maintained by Barclays Capital. The rating was maintained by Peel Hunt on Wednesday, February 3 with “Reduce”. Peel Hunt maintained Foxtons Group PLC (LON:FOXT) on Monday, February 8 with “Reduce” rating. The firm has “Reduce” rating by Peel Hunt given on Friday, January 8. On Thursday, September 22 the stock rating was maintained by Barclays Capital with “Underweight”. The rating was upgraded by Goldman Sachs on Wednesday, September 9 to “Neutral”. The stock has “Reduce” rating given by Peel Hunt on Wednesday, October 19. The stock of Foxtons Group PLC (LON:FOXT) has “Neutral” rating given on Thursday, October 22 by Credit Suisse. Citigroup maintained the stock with “Sell” rating in Tuesday, September 29 report. Credit Suisse maintained the shares of FOXT in a report on Wednesday, July 29 with “Neutral” rating.

More recent Foxtons Group PLC (LON:FOXT) news were published by: Uk.Finance.Yahoo.com which released: “Foxtons Group PLC (FOXT.L)” on March 10, 2014. Also Bloomberg.com published the news titled: “Hammond’s Rental Fees Ban for Tenants Sends Foxtons Plunging” on November 23, 2016. Fool.Co.Uk‘s news article titled: “What now for easyJet plc and Foxtons Group plc post-Brexit?” with publication date: June 27, 2016 was also an interesting one.

Foxtons Group plc is a United Kingdom company, which operates as an estate agent. The company has a market cap of 280.61 million GBP. The Firm and its subsidiaries are engaged in the provision of services to the residential property market in the United Kingdom. It has a 10 P/E ratio. It operates through three divisions: Sales, Lettings and Mortgage Broking.

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