CLS’s (CLI) Buy Rating Reiterated at Berenberg Bank

CLS (LON:CLI)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a note issued to investors on Tuesday, MarketBeat.com reports. They presently have a GBX 114 ($1.42) target price on the stock. Berenberg Bank’s price target suggests a potential upside of 59.44% from the company’s previous close.

CLS Trading Down 0.1 %

CLI stock opened at GBX 71.50 ($0.89) on Tuesday. The business’s 50 day moving average is GBX 78.78 and its 200-day moving average is GBX 87.75. CLS has a 1-year low of GBX 70.10 ($0.87) and a 1-year high of GBX 101.40 ($1.26). The firm has a market cap of £284.15 million, a P/E ratio of -137.50 and a beta of 1.01. The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 123.30.

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.