Today Liberum Reaffirms a “Buy” Rating on CLS Holdings (LON:CLI) and a GBX 2010 Target Price


CLS Holdings (LON:CLI) Rating Reaffirmed

CLS Holdings (LON:CLI) just had their share rating of a ‘”Buy”‘ issued by research analysts at Liberum, who now has a GBX 2010 TP on the 758.53 million GBP market cap company or a 11.67% upside potential. This key information was announced in a very recent research note on Monday morning.

From a total of 3 analysts covering CLS Holdings PLC (LON:CLI) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is GBX 2610 while the lowest target price is GBX 2000. The mean of all analyst targets is GBX 2206.67 with a 28.33% above today’s (GBX 1800) stock price. CLS Holdings PLC was the topic of 11 analyst reports since August 12, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 14 with “Buy” rating.

It is up 7.12% since May 15, 2015 and is downtrending. It has underperformed by 2.71% the S&P500.

Today Liberum Reaffirms a

The overall sentiment of institutions has is 1.35 in Q2 2015. Its the same as in 2015Q2. The ratio has no change, as 14 institutions have sold all the shares of CLS Holdings plc that they owned while 70 funds have taken shares off the table. only 27 funds have purchased shares for the first time while 86 added to their positions. These institutions now hold 72.90 million shares or 12.67% less than the 83.48 million shares they owned in 2015Q2.

The Fund Land & Buildings Investment Management Llc currently is holding shares equating to 6.4% of its total portfolio in CLS Holdings plc representing a total of 817,900 shares. Another fund,Forum Securities Ltd, is holding a total of 243,276 shares equating to 5.28% of their holdings. Additionally, Real Estate Management Services Llc has a 1.06 million share stake in CLS Holdings plc which represents 3.11% of their total portfolio. The Fund, Proxima Capital Management Llc, based out of New York, has also built up a stake in the stock, which represents a total of 2.74% of their total portfolio. Finally Cooper Creek Partners Management Llc, a fund which is based in the state of New York reported a total holdings of 123,148 shares.

Insider activity is a very important aspect to track on any stock. Going back to September 17, 2015, shareholders of CLS Holdings plc have witnessed 2 buys, and a total of 0 selling transactions equating to a net activity of approximately $6.68 million . Litt Jonathan bought 130,500 shares worth approximately $2.49 million.

CLS Holdings plc is a United kingdom investment property company, which is involved in the investment, management and development of commercial properties, and in other investments. The company has a market cap of 758.53 million GBP. The Firm invests primarily in office buildings. It has 3.84 P/E ratio. The Firm operates in two divisions: Investment Property and Other Investments.

According to Zacks Investment Research, “Mack-Cali Realty Corp. is a fully-integrated, self-administered and self-managed real estate investment trust that owns and operates a portfolio comprised predominantly of Class A office and office/flex properties located primarily in the Northeast, as well as commercial real estate leasing, management, acquisition, development and construction businesses.”