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LSL Property Services ( (GB:LSL) ) just unveiled an update.
LSL Property Services PLC has announced the purchase of 7,000 ordinary shares as part of its ongoing share buyback program. The shares were acquired at an average price of 273.5686 GBp and will be held in treasury, reflecting the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:LSL) stock is a Buy with a £4.28 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 Neutral.
LSL Property Services shows strong financial performance with significant improvements in revenue and profitability, supported by strategic corporate actions like share buybacks. However, technical indicators suggest bearish momentum, which tempers the overall score. The valuation is reasonable but not compellingly undervalued.
To see Spark’s full report on GB:LSL stock, click here.
More about LSL Property Services
LSL Property Services PLC operates in the property services industry, focusing on residential property services. The company provides a range of services including estate agency, surveying, and financial services, primarily in the UK market.
Average Trading Volume: 67,071
Technical Sentiment Signal: Hold
Current Market Cap: £280.3M
Find detailed analytics on LSL stock on TipRanks’ Stock Analysis page.
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