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LSL Property Services ( (GB:LSL) ) just unveiled an update.
LSL Property Services PLC has executed a share buyback, purchasing 12,679 ordinary shares at a price of 261.163 pence each on the London Stock Exchange. This transaction is part of its ongoing share buyback program, initially announced in April 2024, and aims to manage the company’s capital structure by holding repurchased shares in treasury, thereby potentially impacting shareholder voting rights and market perception.
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 services and financial services related to property transactions. The company is known for its involvement in residential property sales and lettings, as well as offering mortgage and insurance brokerage services.
Average Trading Volume: 56,824
Technical Sentiment Signal: Sell
Current Market Cap: £255.5M
See more insights into LSL stock on TipRanks’ Stock Analysis page.