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LSL Property Services ( (GB:LSL) ) has provided an announcement.
LSL Property Services PLC has repurchased 50,000 ordinary shares as part of its ongoing share buyback program, executed through Shore Capital Stockbrokers Limited. This transaction, conducted on the London Stock Exchange, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by holding these shares in treasury, impacting the total voting rights and share capital composition.
The most recent analyst rating on (GB:LSL) stock is a Hold with a £269.00 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 and a positive outlook from its earnings call, contributing significantly to its overall score. However, technical analysis indicates bearish momentum, which tempers the overall score. The valuation is reasonable, with a fair P/E ratio and attractive dividend yield, supporting the stock’s appeal.
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 activities such as estate agency, surveying, and financial services, catering to the UK market.
Average Trading Volume: 119,864
Technical Sentiment Signal: Sell
Current Market Cap: £257.6M
Find detailed analytics on LSL stock on TipRanks’ Stock Analysis page.