CLS (CLI) Rating Reiterated by Liberum Capital

CLS (LON:CLI)‘s stock had its “buy” rating reaffirmed by analysts at Liberum Capital in a research report issued on Tuesday. They currently have a GBX 300 ($4.14) price objective on the stock. Liberum Capital’s price objective points to a potential upside of 26.58% from the company’s previous close.

Separately, Peel Hunt upped their target price on CLS from GBX 250 ($3.45) to GBX 265 ($3.66) and gave the stock a “buy” rating in a research report on Wednesday, March 7th.

CLS (LON:CLI) opened at GBX 237 ($3.27) on Tuesday. CLS has a 12-month low of GBX 170.22 ($2.35) and a 12-month high of GBX 256.42 ($3.54). The firm has a market capitalization of $959.42 and a P/E ratio of 607.69.

CLS (LON:CLI) last issued its earnings results on Wednesday, March 7th. The company reported GBX 12.80 ($0.18) earnings per share for the quarter, topping analysts’ consensus estimates of GBX 11.10 ($0.15) by GBX 1.70 ($0.02). CLS had a return on equity of 21.66% and a net margin of 195.65%. The company had revenue of £133.40 million for the quarter.

In other news, insider Sten A. Mortstedt bought 107,000 shares of the stock in a transaction dated Thursday, March 8th. The shares were bought at an average cost of GBX 244 ($3.37) per share, with a total value of £261,080 ($360,707.38).

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About CLS

CLS Holdings plc is a United Kingdom-based investment property company. The Company is principally involved in the investment, management and development of commercial properties, and in other investments. The Company’s business activity is the investment in commercial real estate across four European regions, such as London, the rest of the United Kingdom, Germany and France with a focus on providing offices in key European cities.

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