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) ) just unveiled an update.

LSL Property Services PLC has repurchased 35,000 ordinary shares at a price of 254 pence each as part of its ongoing share buyback program. This transaction, executed through Shore Capital Stockbrokers Limited, is part of a strategy to manage the company’s capital structure and enhance shareholder value, with the repurchased shares being held in treasury.

The most recent analyst rating on (GB:LSL) stock is a Hold with a £308.00 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’ strong financial recovery and positive earnings call outlook are the most significant factors driving the score. The company’s stable financial position and strategic growth initiatives further support its potential. Technical indicators and valuation metrics are neutral, reflecting a balanced market view.

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 real estate and related financial services. The company is involved in activities such as estate agency and surveying, catering primarily to the UK market.

Average Trading Volume: 56,407

Technical Sentiment Signal: Sell

Current Market Cap: £260.3M

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