tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

LSL Property Services Executes Share Buyback

Story Highlights
LSL Property Services Executes Share Buyback

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 announcement.

LSL Property Services PLC has executed a share buyback transaction, purchasing 5,000 ordinary shares at an average price of 266.0356 GBp per share. This transaction is part of an ongoing share buyback program, and the repurchased shares will be held in treasury, impacting the company’s share capital 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 real estate industry, primarily focusing on property services. The company is involved in various activities related to residential property, including estate agency, surveying, and financial services, with a market focus on the UK.

Average Trading Volume: 78,848

Technical Sentiment Signal: Sell

Current Market Cap: £275M

Learn more about LSL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1