Fredrik Widlund Buys 69 Shares of CLS Holdings plc (LON:CLI) Stock

CLS Holdings plc (LON:CLI) insider Fredrik Widlund bought 69 shares of CLS stock in a transaction on Monday, July 8th. The shares were purchased at an average cost of GBX 218 ($2.85) per share, with a total value of £150.42 ($196.55).

LON:CLI opened at GBX 228 ($2.98) on Friday. CLS Holdings plc has a one year low of GBX 195 ($2.55) and a one year high of GBX 257 ($3.36). The company has a debt-to-equity ratio of 74.93, a quick ratio of 0.65 and a current ratio of 1.02. The firm has a market capitalization of $928.86 million and a PE ratio of 7.48. The firm has a 50 day moving average of GBX 219.49.

A number of brokerages have commented on CLI. Peel Hunt reissued a “hold” rating and set a GBX 935 ($12.22) target price (up previously from GBX 920 ($12.02)) on shares of Antofagasta in a report on Tuesday. Berenberg Bank set a €54.00 ($62.79) target price on 1&1 Drillisch and gave the company a “buy” rating in a report on Friday, June 14th. Finally, Liberum Capital increased their target price on from GBX 620 ($8.10) to GBX 640 ($8.36) and gave the company a “buy” rating in a report on Tuesday.

CLS Company Profile

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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