LSL Property Services (LSLPF) Lifted to Buy at Zacks Investment Research

LSL Property Services (OTCMKTS:LSLPF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Friday, April 6th. The brokerage presently has a $3.50 target price on the stock. Zacks Investment Research‘s price target indicates a potential downside of 6.67% from the stock’s current price.

According to Zacks, “LSL Property Services PLC provides residential property services. The company’s principal segments consist of Estate Agency and Related Services and Surveying and Valuation Services. It services consists of residential sales, lettings, surveying, conveyancing, advice on mortgages ,non-investment insurance products, valuations and panel management services, asset management and property management services. LSL Property Services PLC is headquartered in London, the United Kingdom. “

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Shares of LSL Property Services stock opened at $3.75 on Friday. LSL Property Services has a 1-year low of $2.01 and a 1-year high of $3.80. The firm has a market cap of $390.60, a price-to-earnings ratio of 10.71 and a beta of 1.25.

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About LSL Property Services

LSL Property Services plc provides residential property services for lenders, buyers and sellers of residential properties, tenants, and landlords in the United Kingdom. It operates in two segments, Estate Agency and Related Services; and Surveying and Valuation Services. The Estate Agency and Related Services segment is involved in the sale and letting of residential properties; operation of a network of high street branches; provision of repossession asset management services; and arrangement of mortgages for various lenders, as well as offers pure protection and general insurance policies for a panel of insurance companies through the estate agency branches.

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