CLS (LON:CLI) Price Target Raised to GBX 80

CLS (LON:CLI) had its price target hoisted by Berenberg Bank from GBX 70 to GBX 80 in a report issued on Monday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Separately, Peel Hunt reaffirmed a “hold” rating and set a GBX 70 price target on shares of CLS in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 75.

CLS Trading Down 0.5%

Shares of CLI stock opened at GBX 60.30 on Monday. The firm’s 50-day simple moving average is GBX 59.35 and its 200-day simple moving average is GBX 60.42. The company has a debt-to-equity ratio of 123.30, a current ratio of 0.73 and a quick ratio of 0.59. CLS has a 1-year low of GBX 53 and a 1-year high of GBX 76.90. The firm has a market cap of £240.06 million, a P/E ratio of -4.22 and a beta of 1.01.

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.