Citigroup started coverage on shares of Calisen (LON:CLSN) in a research note published on Thursday, Stock Target Advisor reports. The firm issued a buy rating and a GBX 220 ($2.89) price objective on the stock.

CLSN traded up GBX 10.20 ($0.13) on Thursday, hitting GBX 142.20 ($1.87). The company had a trading volume of 844,064 shares. The stock has a market capitalization of $811.01 million and a price-to-earnings ratio of -0.02.

In other Calisen news, insider Henricus Lambertus (Bert) Pijls sold 46,183 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of GBX 240 ($3.16), for a total value of £110,839.20 ($145,802.68).

Calisen Company Profile

Calisen plc owns and manages energy infrastructure assets in the United Kingdom. The company operates in two business units, Calvin Capital and Lowri Beck. The Calvin Capital business unit procures, owns, and manages a portfolio of electricity and gas meters, primarily smart meters on behalf of energy retailers.

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