CLS’s (CLI) Reduce Rating Reiterated at Peel Hunt

Peel Hunt reissued their reduce rating on shares of CLS (LON:CLI) in a research note issued to investors on Tuesday,Digital Look reports. The firm currently has a GBX 45 target price on the stock.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 58 target price on shares of CLS in a report on Tuesday. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, CLS currently has a consensus rating of “Hold” and an average price target of GBX 51.50.

CLS Stock Performance

CLI opened at GBX 48.70 on Tuesday. CLS has a 12-month low of GBX 45.30 and a 12-month high of GBX 67. The company has a current ratio of 0.29, a quick ratio of 0.59 and a debt-to-equity ratio of 121.99. The firm has a market capitalization of £193.88 million, a PE ratio of -3.87 and a beta of 1.02. The firm has a 50 day moving average of GBX 49.26 and a two-hundred day moving average of GBX 52.11.

Insider Buying and Selling at CLS

In other news, insider Fredrik Widlund bought 20,109 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was purchased at an average cost of GBX 46 per share, for a total transaction of £9,250.14. 60.13% of the stock is currently owned by company insiders.

About CLS

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.