LSL Property Services (LON:LSL) Insider Acquires £151.20 in Stock

LSL Property Services plc (LON:LSL) insider Adam Castleton bought 56 shares of the company’s stock in a transaction on Monday, September 7th. The stock was bought at an average price of GBX 270 per share, with a total value of £151.20.

LSL Property Services Trading Down 5.9%

Shares of LSL traded down GBX 16 during mid-day trading on Wednesday, reaching GBX 255. The stock had a trading volume of 185,089 shares, compared to its average volume of 215,600. LSL Property Services plc has a 52-week low of GBX 204 and a 52-week high of GBX 298. The firm has a market cap of £248.95 million, a price-to-earnings ratio of 15.74, a P/E/G ratio of 1.49 and a beta of 0.44. The business’s fifty day moving average is GBX 249.32 and its 200 day moving average is GBX 233.16. The company has a debt-to-equity ratio of 55.75, a current ratio of 2.25 and a quick ratio of 1.05.

Wall Street Analysts Forecast Growth

A number of research firms have commented on LSL. Jefferies Financial Group restated a “buy” rating and set a GBX 361 price target on shares of LSL Property Services in a research note on Friday, May 15th. Shore Capital Group restated a “house stock” rating on shares of LSL Property Services in a report on Friday, May 15th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 360.50.

LSL Property Services Company Profile

LSL Property Services plc, together with its subsidiaries, engages in the provision of business-to-business services to mortgage intermediaries and estate agency franchisees, and valuation services to lenders in the United Kingdom. The company operates through three segments: Financial Services, Surveying & Valuation, and Estate Agency Franchising. The Financial Services segment offers compliance and other services to mortgage and insurance networks. The Surveying & Valuation segment provides valuations and professional surveying services of residential properties to various lenders and individual customers; data services to lenders; and asset management services, including managing the sale of residential properties on behalf of corporate clients and property investors.