CLS (LON:CLI) Given Buy Rating at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of CLS (LON:CLI) in a research report released on Tuesday,Digital Look reports. The brokerage currently has a GBX 114 ($1.42) price target on the stock.

CLS Price Performance

CLI traded up GBX 0.60 ($0.01) during trading on Tuesday, reaching GBX 72.20 ($0.90). The company’s stock had a trading volume of 258,838 shares, compared to its average volume of 500,835. CLS has a 1 year low of GBX 70.10 ($0.87) and a 1 year high of GBX 101.40 ($1.26). The company has a market cap of £286.92 million, a price-to-earnings ratio of -138.84 and a beta of 1.01. 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 firm has a fifty day simple moving average of GBX 79.05 and a two-hundred day simple moving average of GBX 87.91.

About CLS

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.