CLS’s (CLI) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of CLS (LON:CLI) in a report published on Tuesday, Marketbeat.com reports. The brokerage currently has a GBX 58 price target on the stock.

CLS Stock Performance

Shares of LON:CLI opened at GBX 48.70 on Tuesday. The stock has a market capitalization of £193.88 million, a P/E ratio of -3.87 and a beta of 1.02. CLS has a 52 week low of GBX 45.30 and a 52 week high of GBX 67. The company has a quick ratio of 0.59, a current ratio of 0.29 and a debt-to-equity ratio of 121.99. The firm has a fifty day simple moving average of GBX 49.26 and a two-hundred day simple moving average of GBX 52.11.

Insider Buying and Selling

In other news, insider Fredrik Widlund acquired 20,109 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were acquired at an average price of GBX 46 per share, for a total transaction of £9,250.14. 60.13% of the stock is owned by insiders.

CLS Company Profile

We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants’ businesses to grow.