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An update from LSL Property Services ( (GB:LSL) ) is now available.
LSL Property Services has repurchased 30,000 of its own ordinary shares on the London Stock Exchange at a price of 262.35 pence per share as part of its ongoing share buyback programme, with all shares acquired through its broker Shore Capital. The repurchased shares will be held in treasury, bringing treasury holdings to 3,530,874 shares and leaving 101,628,076 ordinary shares in issue with voting rights out of a total issued share capital of 105,158,950 shares, a move that marginally enhances earnings per share and alters the share count used by investors for regulatory disclosure thresholds.
The most recent analyst rating on (GB:LSL) stock is a Buy with a £297.00 price target. To see the full list of analyst forecasts on LSL Property Services stock, see the GB:LSL Stock Forecast page.
Spark’s Take on GB:LSL Stock
According to Spark, TipRanks’ AI Analyst, GB:LSL is a Outperform.
LSL Property Services is well-positioned with strong financial performance and strategic corporate actions. The positive earnings call and reasonable valuation further support the stock’s potential. However, technical indicators suggest caution due to overbought conditions.
To see Spark’s full report on GB:LSL stock, click here.
More about LSL Property Services
LSL Property Services plc is a UK-listed company operating in the residential property services sector, providing estate agency, surveying, valuation and related property services across the UK housing market.
Average Trading Volume: 147,950
Technical Sentiment Signal: Buy
Current Market Cap: £271.6M
See more data about LSL stock on TipRanks’ Stock Analysis page.