CLS’s (CLI) “Buy” Rating Reaffirmed at Liberum Capital

CLS (LON:CLI)‘s stock had its “buy” rating reissued by equities researchers at Liberum Capital in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Several other analysts have also commented on CLI. Peel Hunt restated a “hold” rating and issued a GBX 935 ($12.22) price objective (up from GBX 920 ($12.02)) on shares of Antofagasta in a report on Tuesday. Berenberg Bank set a €54.00 ($62.79) price target on shares of 1&1 Drillisch and gave the company a “buy” rating in a research report on Friday, June 14th.

Shares of LON:CLI remained flat at $GBX 228 ($2.98) on Tuesday. The stock had a trading volume of 56,893 shares, compared to its average volume of 117,533. The stock has a 50 day moving average of GBX 219.33. CLS has a 52-week low of GBX 195 ($2.55) and a 52-week high of GBX 257 ($3.36). The firm has a market cap of $930.90 million and a PE ratio of 7.48. The company has a quick ratio of 0.65, a current ratio of 1.02 and a debt-to-equity ratio of 74.93.

In related news, insider Andrew Kirkman purchased 50,000 shares of the firm’s stock in a transaction 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).

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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