Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
LSL Property Services ( (GB:LSL) ) has shared an update.
LSL Property Services plc has repurchased 6,276 ordinary shares at a price of 286 GBp per share as part of its ongoing share buyback programme. These shares will be held in treasury, increasing the total treasury shares to 2,067,201, while the company has 103,091,749 shares in issue with voting rights, reflecting its strategic focus on managing its capital structure.
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’ strong financial recovery and positive corporate actions such as share buybacks and increased CEO shareholding are major strengths. However, bearish technical indicators and concerns over asset reduction slightly temper the overall outlook.
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 is involved in activities such as estate agency, surveying, and financial services, catering primarily to the UK market.
Average Trading Volume: 81,677
Technical Sentiment Signal: Buy
Current Market Cap: £290.9M
For an in-depth examination of LSL stock, go to TipRanks’ Overview page.