CLS (CLI) Stock Rating Reaffirmed by Peel Hunt
CLS (LON:CLI)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a research report issued to clients and investors on Tuesday. They presently have a GBX 250 ($3.36) target price on the stock. Peel Hunt’s price objective suggests a potential upside of 12.06% from the stock’s previous close.
Separately, Liberum Capital restated a “buy” rating and set a GBX 255 ($3.43) price objective on shares of CLS in a report on Wednesday, October 4th.
Shares of CLS (LON:CLI) opened at GBX 223.10 ($3.00) on Tuesday. CLS has a one year low of GBX 150.90 ($2.03) and a one year high of GBX 235.18 ($3.17).
In related news, insider H O. Thomas Lundqvist sold 750,000 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of GBX 202 ($2.72), for a total transaction of £1,515,000 ($2,039,030.96). In the last 90 days, insiders have purchased 206 shares of company stock valued at $44,982.
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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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