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Foxtons Group (LON:FOXT) – a very firm hold

  • Writer: Mark Watson-Mitchell
    Mark Watson-Mitchell
  • 17 minutes ago
  • 1 min read

02.07.2025


Several analysts following the shares of London’s leading estate and lettings agency group consider that they are soon heading up to trade the 80p to 100p price range.


The £200m-capitalised company’s shares have enjoyed a gentle run ahead from its early April low of 54p, although it is taking its time to break above the 71p level, perhaps it just needs the booster from a spate of good corporate news.


This week analyst Andy Murphy, at Edison Investment Research, published a nine-page note on the group and its ongoing strategy – with a 134p a share valuation being put on the company’s shares.


We may well have to wait until the end of this month, Wednesday 30th July, when the business is due to announce its Q2 Results, before we see any strengthening of activity.


Even so I rate the company and its shares as a very Firm Hold at the current 66.30p.

(Profile 07.07.21 @ 60p set a Target Price of 76p)

(Profile 08.01.24 @ 49.25p set a Target Price of 61p*)

(Profile 23.04.25 @ 57.30p set a Target Price of 71p)

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