LSL profits hit by changes in mortgage market
7th Aug 2023 08:48
(Sharecast News) - LSL Property Services reported some impacts on profit due to changes in the mortgage market in a trading update on Monday.
Read moreLSL Property Services warns on profits amid slowdown in activity
25th Nov 2022 10:06
(Sharecast News) - LSL Property Services warned on full-year profits on Friday following a recent decline in housing market activity.
Read moreCountrywide in talks with LSL about possible merger
24th Feb 2020 07:33
(Sharecast News) - Estate agent Countrywide confirmed on Monday that it is in talks with Marsh & Parsons owner LSL Property Services about a possible all-share merger.
Read moreLSL Property Services extends surveying contract with major bank
28th Jun 2019 10:38
(Sharecast News) - Residential property services provider LSL Property Services announced an extension to one of its major contracts on Friday.
Read moreFriday broker round-up
5th Apr 2019 12:53
(Sharecast News) - Purplebricks: Berenberg downgrades to sell with a target price of 80p.
Read moreCountryside is star buy for Jefferies in upbeat housebuilders report
2nd Apr 2019 08:38
(Sharecast News) - Countryside is the star share among UK housebuilders, Jefferies said as it started coverage of the industry with an upbeat report.
Read moreEstate agents stung by Chancellor's ban on letting fees
23rd Nov 2016 09:24
(ShareCast News) - In his Autumn Statement, Chancellor Philip Hammond announced he planned to clamp down on letting agent fees, sending estate agents shares lower on Wednesday. Shares of companies in the sector were sharply lower in early trade, with Foxtons were down 9%, Countrywide losing 5% and L
Read moreTuesday broker round-up
25th Oct 2016 10:10
(ShareCast News) - Segro: Barclays keeps at overweight with a target price of 520p. Howden Joinery: Berenberg downgrades to hold, 450p target. Standard Chartered: Deutsche Bank reiterates sell with a 574p target. Cobham: UBS reiterates neutral with a 160p target. Cobham: Barclays reiterates equal
Read moreLSL Property Services buys stake in Group First
19th Feb 2016 15:18
(ShareCast News) - LSL Property Services has acquired a 65% interest in Group First Limited for £9.1m in cash. The deal, which is being funded from existing banking facilities, was done through a wholly-owned subsidiary, with 50% payable on completion and a further 50% in 2017. It includes put and
Read moreLSL Property Services's finance director acquires shares after 80% drop in profits
10th Aug 2015 15:12
(ShareCast News) - LSL Property Services' finance director showed confidence in the business by purchasing shares one week after posting an 80% drop in profits. Andrew Burchall, who joined the group in the January, bought 8,500 shares for an individual price of 350p, spending a total of £29,750. Th
Read moreLSL Property shares tumble after challenging first half
4th Aug 2015 10:05
(ShareCast News) - Shares in LSL Property fell after the company posted an 80% drop in profit before tax. At 0929 BST shares were down by 6.6% to 350p, after the property firm posted first half pre-tax revenue of £6.2m, down from £31.4m the year prior. Management said it was confident in meeting fu
Read moreFoxtons slumps as Citi initiates stock at 'sell'
30th Jun 2015 10:01
Foxtons slumped 4% on Tuesday after Citigroup initiated coverage of the stock at 'sell' with a 215p price target. It said Foxtons has the strongest brand profile and margin performance of the three stocks it was examining in its note on UK estate agents. However, the company is largely focused on Lo
Read moreFoxtons a 'sell' for Peel Hunt as it warns estate agents face long-term headwinds
2nd Jun 2015 16:12
Peel Hunt initiated coverage of the UK estate agency sub-sector with a 'sell' rating on Foxtons and 'hold' ratings on Countrywide, LSL and Savills. The broker said the decisive result in the general election has provided a welcome fillip for the UK estate agents, removing uncertainty over mansion ta
Read moreTuesday broker round-up
2nd Jun 2015 07:57
British American Tobacco: JP Morgan reiterates overweight and 4,100p target price. Royal Mail: JP Morgan reiterates neutral stance. Playtech: JP Morgan reiterates buy. Henderson Group: UBS reiterates neutral stance and 275p target. Prudential: UBS reiterates buy recommendation and 1,950p target.
Read moreTuesday broker round-up UPDATE
5th Aug 2014 11:02
Acal: FinnCap initiates with a target price of 322p and a buy recommendation. Afren: UBS reduces target price from 200p to 135p and stays with its buy recommendation. Aggreko: WH Ireland ups target price from 1800p to 1850p and stays with a buy recommendation. Alent: Numis increases target price
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