Johannes Conradi Purchases 200,000 Shares of CLS (LON:CLI) Stock

Key Points

  • Johannes Conradi bought 200,000 shares of CLS on March 13 at an average price of GBX 52, a transaction valued at £104,000.
  • CLS shares are trading down about 2.3%, opening at GBX 49.95 (also the 12‑month low); the company has a market cap of £198.84m, a negative PE of -3.49 and a high debt‑to‑equity ratio of 121.99.
  • Analysts hold a “Moderate Buy” consensus with a target price of GBX 75, while Berenberg raised its target to GBX 80 and Peel Hunt maintains a GBX 70 hold rating.

CLS Holdings plc (LON:CLI - Get Free Report) insider Johannes Conradi purchased 200,000 shares of the firm's stock in a transaction dated Friday, March 13th. The shares were bought at an average cost of GBX 52 per share, with a total value of £104,000.

CLS Trading Down 2.3%

CLI opened at GBX 49.95 on Wednesday. CLS Holdings plc has a 12-month low of GBX 49.95 and a 12-month high of GBX 73.50. The company has a debt-to-equity ratio of 121.99, a current ratio of 0.29 and a quick ratio of 0.59. The stock has a market capitalization of £198.84 million, a PE ratio of -3.49 and a beta of 0.92. The firm's fifty day moving average price is GBX 59.99 and its 200 day moving average price is GBX 59.24.

CLS (LON:CLI - Get Free Report) last announced its quarterly earnings data on Friday, March 13th. The company reported GBX (12.60) earnings per share for the quarter. CLS had a negative return on equity of 6.67% and a negative net margin of 36.01%. As a group, research analysts expect that CLS Holdings plc will post 10.0104167 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CLI. Peel Hunt restated a "hold" rating and set a GBX 70 price objective on shares of CLS in a research note on Wednesday, December 3rd. Berenberg Bank lifted their target price on CLS from GBX 70 to GBX 80 and gave the stock a "buy" rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 75.




Read Our Latest Research Report on CLI

About CLS

(Get Free Report)

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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