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

Berenberg Bank reissued their buy rating on shares of CLS (LON:CLIFree Report) in a research report report published on Tuesday morning, Marketbeat Ratings reports. Berenberg Bank currently has a GBX 114 ($1.42) price target on the stock.

CLS Trading Up 0.7 %

Shares of CLI opened at GBX 72 ($0.89) 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. CLS has a one year low of GBX 70.10 ($0.87) and a one year high of GBX 101.40 ($1.26). The stock has a 50-day moving average price of GBX 78.54 and a 200 day moving average price of GBX 87.59. The company has a market capitalization of £286.14 million, a P/E ratio of -138.46 and a beta of 1.01.

CLS Company Profile

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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.

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