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LSL Property Services Enhances Share Buyback Program

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LSL Property Services Enhances Share Buyback Program

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LSL Property Services ( (GB:LSL) ) has issued an announcement.

LSL Property Services PLC has repurchased 60,000 ordinary shares as part of its ongoing share buyback program, with all shares bought at a price of 250.8 pence each. These shares will be held in treasury, affecting the total voting rights and share count, which stakeholders can use to assess their interests in the company.

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 property market in the UK.

Average Trading Volume: 64,854

Technical Sentiment Signal: Sell

Current Market Cap: £259M

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

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