Insider Buying: LSL Property Services Plc (LSL) Insider Acquires 56,000 Shares of Stock
LSL Property Services Plc (LON:LSL) insider Ian Crabb purchased 56,000 shares of LSL Property Services stock in a transaction dated Tuesday, December 5th. The stock was bought at an average price of GBX 285 ($3.84) per share, with a total value of £159,600 ($214,804.85).
LSL Property Services Plc (LSL) opened at GBX 282 ($3.80) on Wednesday. LSL Property Services Plc has a 1-year low of GBX 192.52 ($2.59) and a 1-year high of GBX 285.50 ($3.84).
Several research analysts have recently weighed in on LSL shares. Berenberg Bank started coverage on shares of LSL Property Services in a report on Thursday, October 12th. They issued a “hold” rating and a GBX 220 ($2.96) price target for the company. Numis Securities cut shares of LSL Property Services to an “add” rating and increased their target price for the stock from GBX 276 ($3.71) to GBX 308 ($4.15) in a report on Wednesday, November 29th. Peel Hunt reduced their target price on shares of LSL Property Services from GBX 225 ($3.03) to GBX 205 ($2.76) and set a “reduce” rating for the company in a report on Wednesday, September 27th. Citigroup restated a “neutral” rating and set a GBX 250 ($3.36) target price on shares of LSL Property Services in a report on Tuesday, September 5th. Finally, Jefferies Group restated a “hold” rating and set a GBX 220 ($2.96) target price on shares of LSL Property Services in a report on Monday, September 4th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. LSL Property Services has an average rating of “Hold” and a consensus target price of GBX 240.60 ($3.24).
About LSL Property Services
LSL Property Services plc is a provider of residential property services to customer groups incorporating both estate agency and surveying businesses. The Company operates through two segments: Estate Agency and Related Services, and Surveying and Valuation Services. The Estate Agency and Related Services segment provides services related to the sale and letting of residential properties.
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