Peel Hunt Reiterates Buy Rating for CLS Holdings plc (CLI)

CLS Holdings plc (LON:CLI)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a report released on Wednesday. They currently have a GBX 250 ($3.30) price objective on the stock. Peel Hunt’s target price would indicate a potential upside of 9.27% from the company’s current price.

Separately, Liberum Capital reissued a “buy” rating and issued a GBX 235 ($3.10) target price on shares of CLS Holdings plc in a report on Wednesday, August 16th.

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In related news, insider H O. Thomas Lundqvist sold 750,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of GBX 202 ($2.67), for a total value of £1,515,000 ($1,999,208.23). In the last quarter, insiders purchased 212 shares of company stock valued at $44,942.

CLS Holdings plc Company Profile

CLS Holdings plc is a United Kingdom-based investment property company. The Company is principally involved in the investment, management and development of commercial properties, and in other investments. The Company’s business activity is the investment in commercial real estate across four European regions, such as London, the rest of the United Kingdom, Germany and France with a focus on providing offices in key European cities.

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