Foxtons Group PLC 29.7% potential upside indicated by Peel Hunt LLP

Foxtons Group PLC with ticker (LON:FOXT) now has a potential upside of 29.7% according to Peel Hunt LLP.



Peel Hunt LLP set a target price of 70 GBX for the company, which when compared to the Foxtons Group PLC share price of 49 GBX at opening today (29/10/2021) indicates a potential upside of 29.7%. Trading has ranged between 32 (52 week low) and 76 (52 week high) with an average of 559,200 shares exchanging hands daily. The market capitalisation at the time of writing is £150,716,263.

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. The Lettings segment earns fees from the letting and management of residential properties and income from interest earned on tenants’ deposits. 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 offers its residential property sales and lettings services through its network of approximately 60 branches. It offers independent mortgage advice and other related services through Alexander Hall. It offers corporate services, property management and other services.