LSL Property Services (LON:LSL) Receives "Buy" Rating from Peel Hunt

Key Points

• LSL Property Services received a "buy" rating from Peel Hunt with a price target of GBX 360, indicating a potential upside of 25% from its current price.
• Jefferies Financial Group also upgraded the stock to a "buy" rating, raising their target price from GBX 280 to GBX 381, contributing to a consensus "buy" rating across analysts.
• The company reported GBX 11 earnings per share in its latest quarterly results, with expectations of total earnings per share of 24.14 for the fiscal year.

LSL Property Services (LON:LSL - Get Free Report)'s stock had its "buy" rating reiterated by stock analysts at Peel Hunt in a research note issued on Thursday, MarketBeat reports. They presently have a GBX 360 price target on the stock. Peel Hunt's price objective indicates a potential upside of 28.11% from the stock's previous close.

Separately, Jefferies Financial Group upgraded shares of LSL Property Services to a "buy" rating and raised their price objective for the company from GBX 280 to GBX 381 in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of GBX 370.50.

LSL Property Services Trading Down 0.4%

Shares of LSL Property Services stock traded down GBX 1 during mid-day trading on Thursday, hitting GBX 281. The stock had a trading volume of 11,623 shares, compared to its average volume of 78,212. The firm has a 50-day moving average of GBX 283.80 and a two-hundred day moving average of GBX 284.55. The company has a quick ratio of 1.06, a current ratio of 1.30 and a debt-to-equity ratio of 62.42. LSL Property Services has a 12-month low of GBX 246.06 and a 12-month high of GBX 334. The firm has a market cap of £286.23 million, a P/E ratio of 1,672.62, a price-to-earnings-growth ratio of 1.49 and a beta of 1.09.

LSL Property Services (LON:LSL - Get Free Report) last released its earnings results on Wednesday, September 17th. The company reported GBX 11 earnings per share (EPS) for the quarter. LSL Property Services had a net margin of 6.74% and a return on equity of 13.68%. Sell-side analysts forecast that LSL Property Services will post 24.137931 earnings per share for the current year.

Insider Activity at LSL Property Services

In related news, insider Adam Castleton purchased 3,328 shares of the firm's stock in a transaction that occurred on Tuesday, July 29th. The stock was acquired at an average cost of GBX 297 per share, for a total transaction of £9,884.16. Insiders have purchased 3,427 shares of company stock worth $1,018,531 in the last ninety days. Company insiders own 20.42% of the company's stock.

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.