LSL Property Services (LSL) Given “Hold” Rating at Berenberg Bank

LSL Property Services (LON:LSL)‘s stock had its “hold” rating reaffirmed by Berenberg Bank in a note issued to investors on Friday. They currently have a GBX 220 ($2.98) price target on the stock. Berenberg Bank’s price target would indicate a potential downside of 21.65% from the stock’s previous close.

LSL has been the subject of several other reports. Peel Hunt decreased their target price on shares of LSL Property Services from GBX 225 ($3.05) to GBX 205 ($2.78) and set a “reduce” rating for the company in a research note on Wednesday, September 27th. Numis Securities cut shares of LSL Property Services to an “add” rating and raised their target price for the company from GBX 276 ($3.74) to GBX 308 ($4.18) in a research note on Wednesday, November 29th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 240.60 ($3.26).

LSL Property Services (LON LSL) opened at GBX 280.80 ($3.81) on Friday. LSL Property Services has a 52 week low of GBX 192.52 ($2.61) and a 52 week high of GBX 295 ($4.00). The firm has a market cap of $288.18 and a price-to-earnings ratio of 529.81.

In other news, insider Ian Crabb bought 56,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The stock was acquired at an average cost of GBX 285 ($3.86) per share, with a total value of £159,600 ($216,436.13). Insiders purchased 56,172 shares of company stock valued at $16,004,774 over the last three months.

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LSL Property Services Company Profile

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.

Analyst Recommendations for LSL Property Services (LON:LSL)

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