Peel Hunt Reiterates “Buy” Rating for CLS (CLI)

Peel Hunt reiterated their buy rating on shares of CLS (LON:CLI) in a report issued on Tuesday morning. They currently have a GBX 250 ($3.36) price objective on the stock.

Separately, Liberum Capital restated a buy rating and set a GBX 255 ($3.43) price target on shares of CLS in a research note on Wednesday, November 1st.

Shares of CLS (LON CLI) opened at GBX 225.50 ($3.03) on Tuesday. CLS has a 52 week low of GBX 150.90 ($2.03) and a 52 week high of GBX 235.18 ($3.17).

In other CLS news, insider H O. Thomas Lundqvist sold 750,000 shares of the business’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of GBX 202 ($2.72), for a total transaction of £1,515,000 ($2,039,030.96). Over the last 90 days, insiders have acquired 271 shares of company stock valued at $59,932.

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CLS 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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