LSL Property Services (LON:LSL) Insider Buys £49,740.74 in Stock

LSL Property Services plc (LON:LSL) insider David Tilak acquired 22,922 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was acquired at an average price of GBX 217 per share, for a total transaction of £49,740.74.

David Tilak also recently made the following trade(s):

• On Thursday, May 21st, David Tilak bought 13,945 shares of LSL Property Services stock. The shares were acquired at an average price of GBX 214 per share, with a total value of £29,842.30.
• On Thursday, May 21st, David Tilak purchased 9,338 shares of LSL Property Services stock. The stock was bought at an average cost of GBX 213 per share, for a total transaction of £19,889.94.

LSL Property Services Stock Up 1.4%

LON:LSL opened at GBX 215 on Friday. The stock’s fifty day simple moving average is GBX 222.75 and its 200-day simple moving average is GBX 243.83. The firm has a market capitalization of £213.69 million, a P/E ratio of 13.27, a P/E/G ratio of 1.49 and a beta of 0.46. The company has a quick ratio of 1.06, a current ratio of 2.25 and a debt-to-equity ratio of 55.75. LSL Property Services plc has a 12-month low of GBX 204 and a 12-month high of GBX 334.

LSL Property Services (LON:LSL) last released its earnings results on Thursday, March 19th. The company reported GBX 24.40 earnings per share for the quarter. LSL Property Services had a return on equity of 20.71% and a net margin of 9.21%. Equities research analysts expect that LSL Property Services plc will post 24.137931 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on LSL. Shore Capital Group reiterated a “house stock” rating on shares of LSL Property Services in a report on Friday, May 15th. Jefferies Financial Group restated a “buy” rating and issued a GBX 361 price objective on shares of LSL Property Services in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 360.50.

About LSL Property Services

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.