CLS Holdings plc (CLI) Earns Buy Rating from Peel Hunt
Peel Hunt reissued their buy rating on shares of CLS Holdings plc (LON:CLI) in a research report sent to investors on Thursday morning. They currently have a GBX 250 ($3.37) target price on the stock.
Separately, Liberum Capital reiterated a buy rating and set a GBX 255 ($3.44) price target on shares of CLS Holdings plc in a report on Thursday.
CLS Holdings plc (LON CLI) opened at 197.50 on Thursday. The firm’s market capitalization is GBX 804.61 million. The firm has a 50-day moving average price of GBX 211.53 and a 200-day moving average price of GBX 198.49. CLS Holdings plc has a 1-year low of GBX 150.90 and a 1-year high of GBX 222.20.
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The firm also recently declared a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, August 24th will be issued a dividend of GBX 2.05 ($0.03) per share. The ex-dividend date of this dividend is Thursday, August 24th. This represents a yield of 0.93%.
In other CLS Holdings plc news, insider H O. Thomas Lundqvist sold 750,000 shares of the stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of GBX 202 ($2.72), for a total transaction of £1,515,000 ($2,042,604.83).
CLS Holdings plc Company Profile
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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