CLS (LON:CLI) Receives Buy Rating from Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of CLS (LON:CLIFree Report) in a research note issued to investors on Friday morning, reports. The brokerage currently has a GBX 114 ($1.44) price objective on the stock.

CLS Trading Down 1.2 %

Shares of CLS stock opened at GBX 91 ($1.15) on Friday. CLS has a 52-week low of GBX 83.30 ($1.05) and a 52-week high of GBX 162.20 ($2.05). The company has a quick ratio of 0.59, a current ratio of 1.00 and a debt-to-equity ratio of 101.31. The company’s 50-day simple moving average is GBX 97.45 and its 200-day simple moving average is GBX 107.54. The firm has a market cap of £361.64 million, a price-to-earnings ratio of -180.59 and a beta of 0.96.

About CLS

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CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. It operates in two segments, Investment Properties and Other Investments. The company also invests in a hotel; and other corporate investments, as well as rents office buildings.

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