The Foxtons (LON:FOXT) share price has risen by 10.9% over the past month and it’s currently trading at 39.004. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Foxtons currently has:
- 1 Buy recommendations
- 1 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
What else can I look at?
At its current price of 39.004, shares in Foxtons are trading at a discount of -60.4% to its 52 week high price. The 1-year performance of the shares has been -42.0%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Foxtons it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Foxtons that you can find out about here.
Alternatively, if you'd like to find more shares that analysts are bullish about, you can find them on this Positive Momentum & Broker Buys screen.
Disclaimer: These articles are provided for information purposes only. The content is not intended to be a personal recommendation. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. The author has no position in the stocks mentioned, unless otherwise stated.