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LSL Property Services ( (GB:LSL) ) has provided an update.
LSL Property Services PLC announced the repurchase of 7,000 ordinary shares as part of its ongoing share buyback program. The shares were acquired at an average price of GBp 271.7347 and will be held in treasury, contributing to the company’s strategic financial management and potentially influencing shareholder value.
The most recent analyst rating on (GB:LSL) stock is a Hold with a £299.00 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 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, primarily focusing on residential property services such as estate agency and surveying. The company is listed on the London Stock Exchange and engages in various activities including property sales, lettings, and financial services related to real estate.
Average Trading Volume: 74,568
Technical Sentiment Signal: Sell
Current Market Cap: £276.2M
Find detailed analytics on LSL stock on TipRanks’ Stock Analysis page.