CLS (LON:CLI) Receives Hold Rating from Peel Hunt

CLS (LON:CLI)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a research report issued on Wednesday,London Stock Exchange reports. They currently have a GBX 70 price target on the stock. Peel Hunt’s price target suggests a potential upside of 18.44% from the stock’s previous close.

Separately, Berenberg Bank reduced their target price on shares of CLS from GBX 100 to GBX 85 and set a “buy” rating for the company in a research report on Thursday, September 4th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, CLS currently has a consensus rating of “Moderate Buy” and an average price target of GBX 70.

CLS Stock Performance

CLS stock traded down GBX 0.90 during mid-day trading on Wednesday, reaching GBX 59.10. 145,029 shares of the company traded hands, compared to its average volume of 759,591. The company has a market capitalization of £235.28 million, a price-to-earnings ratio of -4.13 and a beta of 1.01. The company has a debt-to-equity ratio of 123.30, a current ratio of 0.73 and a quick ratio of 0.59. The firm’s fifty day moving average is GBX 59.18 and its two-hundred day moving average is GBX 62.04. CLS has a fifty-two week low of GBX 53 and a fifty-two week high of GBX 85.90.

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.