Berenberg Bank Reaffirms “Buy” Rating for CLS (LON:CLI)

CLS (LON:CLI)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a report issued on Tuesday, Marketbeat.com reports. They presently have a GBX 114 ($1.42) target price on the stock. Berenberg Bank’s price objective points to a potential upside of 59.44% from the stock’s current price.

CLS Stock Down 0.1 %

CLI stock opened at GBX 71.50 ($0.89) on Tuesday. CLS has a 12-month low of GBX 70.10 ($0.87) and a 12-month high of GBX 101.40 ($1.26). The company has a quick ratio of 0.59, a current ratio of 0.73 and a debt-to-equity ratio of 123.30. The company has a market cap of £284.15 million, a price-to-earnings ratio of -137.50 and a beta of 1.01. The company has a 50 day moving average of GBX 78.78 and a two-hundred day moving average of GBX 87.75.

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.