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LSL Property Services ( (GB:LSL) ) just unveiled an announcement.
LSL Property Services has repurchased 20,000 of its ordinary shares on the London Stock Exchange at a price of 266.1 pence per share as part of its ongoing share buyback programme, executed through Shore Capital Stockbrokers. The repurchased shares will be held in treasury, bringing its treasury holding to 3,344,874 shares and leaving 101,814,076 ordinary shares in issue with voting rights out of a total issued share capital of 105,158,950, a change that may affect shareholders’ percentage holdings and related disclosure obligations under FCA 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-based company operating in the residential property services sector, with its shares listed on the London Stock Exchange. The group’s activities and shareholder base are governed by UK listing rules and FCA disclosure and transparency requirements, reflecting its role as a publicly traded participant in the property services market.
Average Trading Volume: 146,249
Technical Sentiment Signal: Sell
Current Market Cap: £263.9M
Learn more about LSL stock on TipRanks’ Stock Analysis page.