Foxtons Group PLC 12.5% potential upside indicated by Peel Hunt Limited

Foxtons Group PLC with ticker (LON:FOXT) now has a potential upside of 12.5% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 40 GBX for the company, which when compared to the Foxtons Group PLC share price of 35 GBX at opening today (31/01/2023) indicates a potential upside of 12.5%. Trading has ranged between 27 (52 week low) and 48 (52 week high) with an average of 901,178 shares exchanging hands daily. The market capitalisation at the time of writing is £110,624,227.

Foxtons Group plc is a United Kingdom-based estate agency company. The Company and its subsidiaries are engaged in the provision of services to the residential property market in the United Kingdom. The Company operates through three segments: Lettings, sales, and mortgage broking. The letting segment earns commission from the letting and management of residential properties and income from interest earned on tenants’ deposits. The sales segment generates commission on sales of residential property. The mortgage broking segment receives commission from the arrangement of mortgages and related products under contracts with financial service providers and receives administration fees from clients. The Company provides property management services and corporate services. The property management services include 24/7 services when they rent a property, emergency services, and six months free letting. It also provides technology support throughout the sales and lettings processes.