Separately, Peel Hunt reiterated a buy rating and set a GBX 250 ($3.45) price objective on shares of CLS in a research note on Tuesday, December 5th.
CLS (CLI) opened at GBX 234.50 ($3.24) on Wednesday. CLS has a 12 month low of GBX 170.22 ($2.35) and a 12 month high of GBX 256.42 ($3.54). The stock has a market capitalization of $955.34 and a price-to-earnings ratio of 601.28.
In related news, insider Sten A. Mortstedt acquired 107,000 shares of the company’s stock in a transaction on Thursday, March 8th. The stock was purchased at an average cost of GBX 244 ($3.37) per share, for a total transaction of £261,080 ($360,707.38).
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CLS Holdings plc is a United Kingdom-based investment property company. The Company is principally involved in the investment, management and development of commercial properties, and in other investments. The Company’s business activity is the investment in commercial real estate across four European regions, such as London, the rest of the United Kingdom, Germany and France with a focus on providing offices in key European cities.
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