Rating Report: CLS Holdings PLC (LON:CLI) Buy Rating Reiterated by Analysts at Panmure Gordon; With GBX 2052.00 Target

November 23, 2016 - By Peter Erickson

CLS Holdings PLC (LON:CLI) Rating

They currently have a GBX 2052.00 PT on CLS Holdings PLC (LON:CLI). Panmure Gordon’s target would suggest a potential upside of 29.79% from the company’s last stock close price. This was disclosed to clients in a research report on Wednesday, 23 November.

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. Peel Hunt maintained CLS Holdings plc (LON:CLI) rating on Wednesday, August 17. Peel Hunt has “Buy” rating and GBX 1600 price target. The company was maintained on Wednesday, May 4 by Liberum Capital. The firm earned “Buy” rating on Monday, December 14 by Peel Hunt. The rating was maintained by Panmure Gordon with “Buy” on Wednesday, August 17. On Thursday, February 11 the stock rating was upgraded by Liberum Capital to “Buy”. Panmure Gordon maintained CLS Holdings plc (LON:CLI) on Thursday, September 10 with “Buy” rating. Liberum Capital maintained it with “Buy” rating and GBX 2010 target price in Tuesday, December 1 report. The company was maintained on Tuesday, March 8 by Panmure Gordon. Liberum Capital maintained it with “Buy” rating and GBX 2010 target price in Friday, January 15 report. The rating was maintained by Panmure Gordon with “Buy” on Monday, August 24.

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 is 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.

Teachers Retirement Sys Of The State Of Kentucky has 0.01% invested in the company for 18,000 shares. Cramer Rosenthal Mcglynn Limited Liability Co accumulated 538,423 shares or 0.23% of the stock. Tower Cap Limited Liability (Trc) holds 0.02% or 8,787 shares in its portfolio. Moreover, Babson Mgmt Ltd Company has 0.04% invested in CLS Holdings plc (LON:CLI) for 54,750 shares. Legal General Public Limited Com accumulated 306,030 shares or 0.01% of the stock. National Bank Of New York Mellon reported 1.10M shares or 0.01% of all its holdings. Cap Fund Management, a France-based fund reported 8,900 shares. Moreover, State Of Alaska Department Of Revenue has 0.03% invested in CLS Holdings plc (LON:CLI) for 9,110 shares. Pnc Services Group Inc last reported 0% of its portfolio in the stock. The Switzerland-based Credit Suisse Ag has invested 0.01% in CLS Holdings plc (LON:CLI). Moreover, Chicago Equity Ptnrs Ltd Liability Company has 0.24% invested in CLS Holdings plc (LON:CLI) for 306,825 shares. First Manhattan Co last reported 0.04% of its portfolio in the stock. Envestnet Asset Mgmt holds 0% or 16,118 shares in its portfolio. Texas Permanent School Fund accumulated 68,539 shares or 0.02% of the stock. Moreover, Secor Capital Advsrs L P has 0.04% invested in CLS Holdings plc (LON:CLI) for 10,932 shares.

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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