Berenberg Bank Reiterates Buy Rating for CLS (LON:CLI)

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

CLS Stock Performance

LON:CLI opened at GBX 64.80 ($0.84) on Tuesday. The company has a debt-to-equity ratio of 123.30, a quick ratio of 0.59 and a current ratio of 0.73. The stock has a market capitalization of £258.22 million, a PE ratio of -1.25 and a beta of 1.01. CLS has a fifty-two week low of GBX 62.50 ($0.81) and a fifty-two week high of GBX 101.40 ($1.31). The company has a fifty day moving average of GBX 71.68 and a two-hundred day moving average of GBX 81.70.

CLS (LON:CLI) last released its quarterly earnings results on Tuesday, April 1st. The company reported GBX (23.60) (($0.31)) earnings per share for the quarter. CLS had a negative return on equity of 23.42% and a negative net margin of 134.11%. As a group, research analysts forecast that CLS will post 10.0104167 earnings per share for the current fiscal year.

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.