CLS (LON:CLI) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of CLS (LON:CLI) in a report published on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other brokerages have also recently commented on CLI. Liberum Capital raised their price objective on shares of Keywords Studios from GBX 1,245 ($16.27) to GBX 1,415 ($18.49) and gave the stock a buy rating in a research note on Monday, April 8th. Berenberg Bank set a €54.00 ($62.79) price objective on shares of 1&1 Drillisch and gave the stock a buy rating in a research note on Friday, June 14th.

Shares of LON:CLI opened at GBX 228 ($2.98) on Tuesday. The firm has a market cap of $928.86 million and a P/E ratio of 7.48. CLS has a twelve month low of GBX 195 ($2.55) and a twelve month high of GBX 257 ($3.36). The stock has a 50 day simple moving average of GBX 219.69. The company has a current ratio of 1.02, a quick ratio of 0.65 and a debt-to-equity ratio of 74.93.

In other news, insider Andrew Kirkman acquired 50,000 shares of the company’s stock in a transaction dated Wednesday, July 3rd. The shares were acquired at an average price of GBX 220 ($2.87) per share, with a total value 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.

Further Reading: Gap Down Stocks

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