CLS (LON:CLI) Given Buy Rating at Berenberg Bank

Berenberg Bank restated their buy rating on shares of CLS (LON:CLI) in a research report report published on Tuesday morning,London Stock Exchange reports. The firm currently has a GBX 70 price objective on the stock.

Separately, Peel Hunt reiterated a “hold” rating and set a GBX 70 target price on shares of CLS in a research report on Wednesday. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, CLS has an average rating of “Moderate Buy” and an average price target of GBX 70.

CLS Price Performance

Shares of CLI traded down GBX 0.90 during trading hours on Tuesday, reaching GBX 59.10. 145,029 shares of the company’s stock traded hands, compared to its average volume of 759,591. CLS has a 12 month low of GBX 53 and a 12 month high of GBX 85.90. The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 123.30. The stock has a market cap of £235.28 million, a PE ratio of -4.13 and a beta of 1.01. The firm’s 50 day simple moving average is GBX 59.18 and its 200-day simple moving average is GBX 62.04.

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.