Liberum Capital Reiterates “Buy” Rating for CLS Holdings plc (CLI)
CLS Holdings plc (LON:CLI)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research note issued to investors on Thursday. They currently have a GBX 1,700 ($22.19) price objective on the stock. Liberum Capital’s price objective would suggest a potential upside of 8.21% from the stock’s current price.
A number of other research firms have also issued reports on CLI. Panmure Gordon reissued a “buy” rating and issued a GBX 2,016 ($26.32) price target on shares of CLS Holdings plc in a research report on Tuesday, July 19th. Peel Hunt reissued a “buy” rating and issued a GBX 1,600 ($20.89) price target on shares of CLS Holdings plc in a research report on Wednesday, August 17th.
CLS Holdings plc (LON:CLI) opened at 1570.00 on Thursday. CLS Holdings plc has a 52-week low of GBX 1,125.00 and a 52-week high of GBX 1,924.00. The firm’s market capitalization is GBX 646.07 million. The stock’s 50 day moving average is GBX 1,529.03 and its 200-day moving average is GBX 1,502.33.
In related news, insider Lennart Sten sold 103 shares of the stock in a transaction that occurred on Thursday, September 22nd. The stock was sold at an average price of GBX 1,750 ($22.84), for a total value of £1,802.50 ($2,352.83).
CLS Holdings plc Company Profile
CLS Holdings plc is a United Kingdom-based investment property company, which is involved in the investment, management and development of commercial properties, and in other investments. The Company invests primarily in office buildings. It operates in two divisions: Investment Property and Other Investments.
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