Peel Hunt Reaffirms “Buy” Rating for CLS (CLI)

CLS (LON:CLI)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Tuesday.

A number of other analysts also recently commented on the company. Liberum Capital reiterated a “buy” rating and issued a GBX 300 ($3.92) price objective on shares of CLS in a research report on Wednesday, August 15th. Berenberg Bank started coverage on CLS in a research report on Friday, October 5th. They issued a “buy” rating and a GBX 265 ($3.46) price objective for the company.

Shares of LON:CLI opened at GBX 215.61 ($2.82) on Tuesday. CLS has a twelve month low of GBX 170.22 ($2.22) and a twelve month high of GBX 256.42 ($3.35).

In other CLS news, insider E Henry Klotz sold 50,630 shares of the firm’s stock in a transaction that occurred on Wednesday, September 19th. The stock was sold at an average price of GBX 220 ($2.87), for a total value of £111,386 ($145,545.54).

About CLS

CLS Holdings plc, together with its subsidiaries, engages in the investment, management, and development of commercial properties in the United Kingdom, France, Germany, and Sweden. The company operates in two segments, Investment Property and Other Investments. It also invests in hotels, corporate bonds, shares, and other corporate investments.

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