Claim 70% 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
LSL Property Services ( (GB:LSL) ) has provided an update.
LSL Property Services has repurchased 4,000 of its own ordinary shares at 260.5 pence each on the London Stock Exchange as part of its ongoing share buyback programme conducted through broker Shore Capital. The repurchased shares will be held in treasury, bringing the total treasury holding to 3,360,874 shares and leaving 101,798,076 ordinary shares in issue with voting rights out of an overall issued share capital of 105,158,950 shares, a move that marginally increases earnings per share and may signal continued confidence in the company’s valuation to investors.
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 property services company listed on the London Stock Exchange, operating within the residential property and financial services markets. The group is involved in estate agency, surveying, and related professional services, serving homebuyers, sellers, landlords, and lenders across the UK housing sector.
Average Trading Volume: 146,065
Technical Sentiment Signal: Sell
Current Market Cap: £257.7M
See more insights into LSL stock on TipRanks’ Stock Analysis page.