Category Archives: $LON:FOXT

$LON:FOXT (Foxtons), off 33% from its high of 400 ….FV…

FV=310

Foxtons is London’s premier Estate Agent – but growth has slowed since the BOE has introduced tougher lending rules, but central london property will remain a safe place to park assets for overseas investors.

At 269 the price implies a 5Yr growth rate of a more modest 12% vs. 15% consensus growth at the Fair value of 310.

Add this name to your watch list.

Suggested trade:
Buy at 250, take profit target = 310 for 20% Gain, Stop 220.