LSL Property Services (LON:LSL) Insider Acquires £151.28 in Stock

Key Points

• Adam Castleton (an insider) bought 61 shares on 5 Mar at GBX 248 (£151.28) and had previously bought 57 shares on 5 Jan at GBX 260, though both transactions were very small.
• Analysts are bullish: Peel Hunt reissued a Buy with a GBX 360 target and the consensus rating is Buy with a consensus target of GBX 370.50, well above the current price.
• Shares traded at GBX 241 midday, below the 50- and 200-day averages (~GBX 259), with a market cap of £241.38m, a P/E of 15.96 and a debt/equity ratio of 45.25.

LSL Property Services plc (LON:LSL - Get Free Report) insider Adam Castleton acquired 61 shares of the stock in a transaction on Thursday, March 5th. The shares were purchased at an average price of GBX 248 per share, with a total value of £151.28.

Adam Castleton also recently made the following trade(s):

• On Monday, January 5th, Adam Castleton bought 57 shares of LSL Property Services stock. The stock was acquired at an average cost of GBX 260 per share, for a total transaction of £148.20.

LSL Property Services Price Performance

Shares of LSL traded up GBX 1 during midday trading on Friday, hitting GBX 241. The company's stock had a trading volume of 90,723 shares, compared to its average volume of 216,707. The company has a quick ratio of 1.06, a current ratio of 1.28 and a debt-to-equity ratio of 45.25. LSL Property Services plc has a one year low of GBX 232 and a one year high of GBX 334. The stock has a market capitalization of £241.38 million, a price-to-earnings ratio of 15.96, a price-to-earnings-growth ratio of 1.49 and a beta of 1.09. The company's fifty day simple moving average is GBX 259.28 and its two-hundred day simple moving average is GBX 259.81.

Analyst Ratings Changes

Separately, Peel Hunt reissued a "buy" rating and issued a GBX 360 target price on shares of LSL Property Services in a report on Tuesday, November 11th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 370.50.

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.

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