LSL Property Services (LON:LSL) Stock Price Passes Above 200 Day Moving Average – Here’s Why

LSL Property Services plc (LON:LSL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 263.22 and traded as high as GBX 273. LSL Property Services shares last traded at GBX 267, with a volume of 152,311 shares.

Analysts Set New Price Targets

Separately, Peel Hunt restated a “buy” rating and issued a GBX 360 price objective on shares of LSL Property Services in a report on Tuesday, November 11th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 370.50.

LSL Property Services Price Performance

The stock has a market capitalization of £267.42 million, a PE ratio of 17.68, a PEG ratio of 1.49 and a beta of 1.09. The firm’s fifty day moving average price is GBX 260.91 and its two-hundred day moving average price is GBX 263.22. 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 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.