Liberum Capital Reaffirms “Buy” Rating for CLS (LON:CLI)

Liberum Capital reaffirmed their buy rating on shares of CLS (LON:CLI) in a research note released on Tuesday, ThisIsMoney.Co.Uk reports.

Other research analysts also recently issued research reports about the stock. Berenberg Bank set a €54.00 ($62.79) price target on shares of 1&1 Drillisch and gave the stock a buy rating in a research report on Friday, June 14th. Peel Hunt reiterated a hold rating and set a GBX 935 ($12.22) price target (up previously from GBX 920 ($12.02)) on shares of Antofagasta in a research report on Tuesday.

Shares of LON CLI opened at GBX 227.50 ($2.97) on Tuesday. The stock’s 50-day moving average is GBX 219.49. The firm has a market cap of $928.86 million and a P/E ratio of 7.46. The company has a current ratio of 1.02, a quick ratio of 0.65 and a debt-to-equity ratio of 74.93. CLS has a 12-month low of GBX 195 ($2.55) and a 12-month high of GBX 257 ($3.36).

In related news, insider Andrew Kirkman purchased 50,000 shares of CLS stock in a transaction that occurred on Wednesday, July 3rd. The shares were acquired at an average price of GBX 220 ($2.87) per share, for a total transaction of £110,000 ($143,734.48).

About CLS

CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, France, Germany, and France. It operates in two segments, Investment Property and Other Investments. The company also invests a hotel; and corporate bonds, shares, and other corporate investments.

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