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

Berenberg Bank reiterated their buy rating on shares of CLS (LON:CLI) in a research report released on Tuesday morning, Marketbeat Ratings reports. Berenberg Bank currently has a GBX 114 ($1.47) price objective on the stock.

CLS Stock Down 7.7 %

Shares of CLI opened at GBX 64.80 ($0.84) on Tuesday. The company has a market capitalization of £258.22 million, a price-to-earnings ratio of -1.25 and a beta of 1.01. CLS has a 52 week low of GBX 62.50 ($0.81) and a 52 week high of GBX 101.40 ($1.31). The stock’s 50-day moving average price is GBX 71.68 and its 200-day moving average price is GBX 81.70. The company has a quick ratio of 0.59, a current ratio of 0.73 and a debt-to-equity ratio of 123.30.

CLS (LON:CLI) last announced its quarterly earnings results on Tuesday, April 1st. The company reported GBX (23.60) (($0.31)) earnings per share (EPS) for the quarter. CLS had a negative net margin of 134.11% and a negative return on equity of 23.42%. On average, sell-side analysts predict that CLS will post 10.0104167 EPS for the current year.

CLS Company Profile

We are a commercial property investment company with a £2.1bn portfolio listed on the Premium Main Market on the London Stock Exchange, specialising in future-focused office space in the UK, Germany and France. Through geographical diversification, local expertise and an active management approach, we transform office properties into sustainable, modern spaces that help our tenants’ businesses to grow.