Rating On Watch: CLS Holdings PLC (LON:CLI) Stock Rating Reconfirmed by Liberum Capital; The GBX 1750.00 Target Indicates 10.58% Potential

November 23, 2016 - By Vivian Park

CLS Holdings PLC (LON:CLI) Rating

London: In a research note revealed to investors on Wednesday, 23 November, Liberum Capital maintained their “Buy” rating on shares of CLS Holdings PLC (LON:CLI). They currently have a GBX 1750.00 PT on the company. Liberum Capital’s target would indicate a potential upside of 10.58% from the company’s last stock price.

CLS Holdings plc (LON:CLI) Ratings Coverage

Out of 3 analysts covering CLS Holdings PLC (LON:CLI), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 2610 is the highest target while GBX 1500 is the lowest. The GBX 1788.67 average target is 13.18% above today’s (GBX 1580.4) stock price. CLS Holdings PLC has been the topic of 29 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The rating was maintained by Panmure Gordon with “Buy” on Friday, February 19. The firm earned “Buy” rating on Wednesday, August 17 by Peel Hunt. The rating was maintained by Liberum Capital with “Buy” on Wednesday, May 4. The rating was maintained by Peel Hunt with “Buy” on Tuesday, March 8. The rating was maintained by Liberum Capital with “Buy” on Tuesday, January 19. On Thursday, January 28 the stock rating was maintained by Liberum Capital with “Buy”. On Tuesday, December 1 the stock rating was maintained by Liberum Capital with “Buy”. The stock of CLS Holdings plc (LON:CLI) earned “Buy” rating by Panmure Gordon on Monday, December 7. Liberum Capital upgraded CLS Holdings plc (LON:CLI) rating on Thursday, February 11. Liberum Capital has “Buy” rating and GBX 2010 price target. Liberum Capital maintained the stock with “Buy” rating in Monday, December 14 report.

About 712 shares traded hands. CLS Holdings plc (LON:CLI) has declined 5.50% since April 25, 2016 and is downtrending. It has underperformed by 10.83% the S&P500.

Insitutional Activity: The institutional sentiment decreased to 0.99 in 2016 Q2. Its down 0.12, from 1.11 in 2016Q1. The ratio turned negative, as 16 funds sold all CLS Holdings plc shares owned while 74 reduced positions. 27 funds bought stakes while 73 increased positions. They now own 91.82 million shares or 0.03% less from 91.84 million shares in 2016Q1.

The Illinois-based Zacks has invested 0.04% in CLS Holdings plc (LON:CLI). Fisher Asset Management Limited Com last reported 336,955 shares in the company. Independent Order Of Foresters last reported 23,879 shares in the company. Lsv Asset Mgmt holds 0.22% or 4.04M shares in its portfolio. State Of Alaska Department Of Revenue holds 0.03% of its portfolio in CLS Holdings plc (LON:CLI) for 9,110 shares. M&T National Bank & Trust last reported 10,595 shares in the company. Moreover, Ny State Teachers Retirement has 0.01% invested in CLS Holdings plc (LON:CLI) for 150,670 shares. Amalgamated Bancorp has 11,090 shares for 0.02% of their US portfolio. Citigroup accumulated 21,119 shares or 0% of the stock. Great Lakes Advsr Llc has invested 0.07% of its portfolio in CLS Holdings plc (LON:CLI). Kempen Cap Management Nv last reported 0.22% of its portfolio in the stock. Swiss Fincl Bank has invested 0.01% of its portfolio in CLS Holdings plc (LON:CLI). Creative Planning last reported 0% of its portfolio in the stock. Ladenburg Thalmann Financial Services holds 0% of its portfolio in CLS Holdings plc (LON:CLI) for 2,950 shares. Piedmont Advsr Ltd Liability Corp last reported 0% of its portfolio in the stock.

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 643.85 million GBP. The Firm invests primarily in office buildings. It has a 7.32 P/E ratio. It 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.”

CLI Company Profile

Mack-Cali Realty Corporation, incorporated on May 24, 1994, is a self-administered and self-managed real estate investment trust (REIT). The Firm owns and operates a real estate portfolio of Class A office and office/flex properties located primarily in the Northeast. The Company’s divisions include commercial and other real estate, multi-family real estate, multi-family services, and corporate & other. It provides leasing, property management, acquisition, development, construction and tenant-related services for its commercial and other real estate, and multi-family real estate portfolio. It is engaged in real estate leasing, management, acquisition, development and construction services on an in-house basis. The Firm owns or has interests in approximately 270 properties, consisting of approximately 150 office and over 110 flex properties, totaling approximately 29.9 million square feet, leased to approximately 1,900 commercial tenants and over 20 multi-family rental properties containing approximately 5,640 residential units, plus developable land (collectively, the Properties). The properties are located in over seven states, primarily in the Northeast and the District of Columbia.

Another recent and important CLS Holdings plc (LON:CLI) news was published by Fool.Co.Uk which published an article titled: “Should you buy Vedanta Resources plc, CLS Holdings plc and Mondi plc following …” on May 12, 2016.

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