CLS (LON:CLI) Insider Fredrik Widlund Acquires 244 Shares of Stock

CLS Holdings plc (LON:CLI) insider Fredrik Widlund acquired 244 shares of the company’s stock in a transaction on Monday, February 9th. The stock was purchased at an average cost 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 acquired 251 shares of CLS stock. The shares were purchased at an average cost of GBX 60 per share, with a total value of £150.60.

CLS Stock Performance

Shares of CLI stock opened at GBX 60.60 on Wednesday. The company has a market cap of £241.26 million, a P/E ratio of -4.24 and a beta of 1.01. The firm has a fifty day moving average price of GBX 60.22 and a 200 day moving average price of GBX 60.02. 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 Holdings plc has a 12 month low of GBX 53 and a 12 month high of GBX 76.20.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Berenberg Bank boosted their target price on CLS from GBX 70 to GBX 80 and gave the stock a “buy” rating in a research note on Monday, January 26th. Peel Hunt restated a “hold” rating and set a GBX 70 price objective on shares of CLS in a research report on Wednesday, December 3rd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 75.

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.