CLS’s (CLI) Buy Rating Reaffirmed at Liberum Capital
A number of other research analysts also recently issued reports on the stock. Berenberg Bank boosted their price objective on shares of CLS from GBX 265 ($3.46) to GBX 275 ($3.59) and gave the company a buy rating in a research report on Friday, March 8th. Peel Hunt restated a buy rating and set a GBX 275 ($3.59) target price (up previously from GBX 265 ($3.46)) on shares of CLS in a report on Thursday, March 7th.
Shares of CLS stock opened at GBX 249.50 ($3.26) on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.65 and a debt-to-equity ratio of 74.93. The firm has a market cap of $1.02 billion and a price-to-earnings ratio of 8.18. CLS has a 12-month low of GBX 195 ($2.55) and a 12-month high of GBX 257 ($3.36).
In other CLS news, insider Elizabeth Edwards bought 4,527 shares of the company’s stock in a transaction dated Friday, December 21st. The shares were purchased at an average price of GBX 219 ($2.86) per share, for a total transaction of £9,914.13 ($12,954.57).
CLS Company Profile
CLS Holdings plc, together with its subsidiaries, engages in the investment, management, and development of commercial properties in the United Kingdom, France, Germany, and Sweden. The company operates in two segments, Investment Property and Other Investments. It also invests in hotels, corporate bonds, shares, and other corporate investments.
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