CLS’s (CLI) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of CLS (LON:CLIFree Report) in a research report sent to investors on Tuesday morning, Marketbeat.com reports. They currently have a GBX 114 ($1.49) price objective on the stock.

CLS Trading Down 1.1 %

Shares of CLI opened at GBX 64.20 ($0.84) on Tuesday. The company has a current ratio of 0.73, a quick ratio of 0.59 and a debt-to-equity ratio of 123.30. CLS has a 1-year low of GBX 62.50 ($0.82) and a 1-year high of GBX 101.40 ($1.33). The stock has a market capitalization of £255.83 million, a P/E ratio of -1.24 and a beta of 1.01. The business’s 50-day moving average price is GBX 71.40 and its 200 day moving average price is GBX 81.33.

CLS (LON:CLIGet Free Report) last issued its earnings results on Tuesday, April 1st. The company reported GBX (23.60) (($0.31)) EPS for the quarter. CLS had a negative return on equity of 23.42% and a negative net margin of 134.11%. Analysts expect that CLS will post 10.0104167 earnings per share for the current year.

About CLS

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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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