Insider Buying: CLS (LON:CLI) Insider Purchases £151.28 in Stock

CLS Holdings plc (LON:CLI) insider Fredrik Widlund purchased 244 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were purchased at an average price of GBX 62 per share, for a total transaction of £151.28.

Fredrik Widlund also recently made the following trade(s):

• On Monday, December 8th, Fredrik Widlund purchased 251 shares of CLS stock. The stock was acquired at an average cost of GBX 60 per share, with a total value of £150.60.

CLS Stock Down 0.3%

Shares of LON CLI opened at GBX 59.90 on Friday. CLS Holdings plc has a 52-week low of GBX 53 and a 52-week high of GBX 74.80. The company has a debt-to-equity ratio of 123.30, a quick ratio of 0.59 and a current ratio of 0.73. The business has a fifty day moving average of GBX 60.24 and a two-hundred day moving average of GBX 60.02. The stock has a market cap of £238.47 million, a PE ratio of -4.19 and a beta of 1.01.

Analysts Set New Price Targets

CLI has been the subject of several research reports. Berenberg Bank lifted their target price on CLS from GBX 70 to GBX 80 and gave the company a “buy” rating in a research note on Monday, January 26th. Peel Hunt reiterated a “hold” rating and issued a GBX 70 price target on shares of CLS in a report on Wednesday, December 3rd. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 75.

CLS Company Profile

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.