Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from LSL Property Services ( (GB:LSL) ) is now available.
LSL Property Services has repurchased 55,000 ordinary shares on the London Stock Exchange at a price of 261.695 pence per share as part of its ongoing share buyback programme, executed through Shore Capital Stockbrokers. The shares will be held in treasury, bringing total treasury shares to 3,585,874 and leaving 101,573,076 ordinary shares in issue with voting rights, a change that adjusts the company’s capital structure and the denominator used by investors for calculating disclosure thresholds under FCA transparency rules.
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 property services sector, with its ordinary shares traded on the London Stock Exchange. The group’s activities centre on residential property-related services and it maintains an active presence in the public markets through its listed equity capital structure.
Average Trading Volume: 149,228
Technical Sentiment Signal: Hold
Current Market Cap: £267.4M
For detailed information about LSL stock, go to TipRanks’ Stock Analysis page.