Why Liberum Capital Has Just Restated Their Buy Rating For CLS Holdings PLC (LON:CLI) Shares

July 27, 2018 - By Mark Babin

CLS Holdings plc (LON:CLI) Logo

Investors sentiment decreased to 1.14 in 2018 Q1. Its down 0.09, from 1.23 in 2017Q4. It is negative, as 21 investors sold CLS Holdings plc shares while 58 reduced holdings. 24 funds opened positions while 66 raised stakes. 79.24 million shares or 8.07% less from 86.20 million shares in 2017Q4 were reported.

Jpmorgan Chase accumulated 467,210 shares. Comerica Comml Bank holds 69,984 shares or 0.01% of its portfolio. Amundi Pioneer Asset Management Inc has invested 0% of its portfolio in CLS Holdings plc (LON:CLI). Arizona State Retirement has 60,968 shares for 0.01% of their portfolio. Amp Cap Invsts Ltd holds 0% of its portfolio in CLS Holdings plc (LON:CLI) for 28,417 shares. Cipher Cap Limited Partnership holds 58,381 shares. Deutsche Fincl Bank Ag has invested 0.01% in CLS Holdings plc (LON:CLI). Ameriprise invested in 2.01M shares. Switzerland-based Swiss Natl Bank has invested 0% in CLS Holdings plc (LON:CLI). Numerixs Investment Technology has invested 0.02% in CLS Holdings plc (LON:CLI). Lsv Asset Mngmt reported 3.63 million shares. Profund Advisors Ltd Llc has 0.01% invested in CLS Holdings plc (LON:CLI) for 14,041 shares. State Board Of Administration Of Florida Retirement System reported 0% of its portfolio in CLS Holdings plc (LON:CLI). Comml Bank Of America Corp De reported 0% stake. Sumitomo Mitsui Tru Holdg Incorporated holds 0% of its portfolio in CLS Holdings plc (LON:CLI) for 88,450 shares.

Since March 6, 2018, it had 3 insider buys, and 0 sales for $1.11 million activity. The insider Smetana David J bought $97,781.

CLS Holdings PLC (LON:CLI) Rating Reaffirmed

This Morning, Liberum Capital reiterated their Buy rating on CLS Holdings PLC (LON:CLI) shares in an analyst report shared with investors.

CLS Holdings plc (LON:CLI) Ratings Coverage

Among 2 analysts covering CLS Holdings PLC (LON:CLI), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CLS Holdings PLC has GBX 300 highest and GBX 265 lowest target. GBX 282.50’s average target is 26.84% above currents GBX 222.7222 stock price. CLS Holdings PLC had 8 analyst reports since March 7, 2018 according to SRatingsIntel. As per Thursday, April 5, the company rating was maintained by Peel Hunt. As per Friday, July 20, the company rating was maintained by Liberum Capital. The firm has “Buy” rating by Liberum Capital given on Friday, July 27. Liberum Capital maintained CLS Holdings plc (LON:CLI) rating on Tuesday, March 13. Liberum Capital has “Buy” rating and GBX 300 target. The company was maintained on Friday, March 9 by Liberum Capital. The firm has “Buy” rating given on Wednesday, March 7 by Liberum Capital. Peel Hunt maintained CLS Holdings plc (LON:CLI) on Friday, July 27 with “Buy” rating. The company was maintained on Tuesday, March 13 by Peel Hunt.

The stock decreased 0.35% or GBX 0.7778 during the last trading session, reaching GBX 222.7222. About 9,680 shares traded. CLS Holdings plc (LON:CLI) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await CLS Holdings plc (LON:CLI) to report earnings on August, 1 after the close. They expect $0.44 EPS, down 26.67 % or $0.16 from last year’s $0.6 per share. CLI’s profit will be $1.79 million for 126.55 P/E if the $0.44 EPS becomes a reality. After $0.50 actual EPS reported by CLS Holdings plc for the previous quarter, Wall Street now forecasts -12.00 % negative EPS growth.

CLS Holdings plc, together with its subsidiaries, engages in the investment, management, and development of commercial properties in the United Kingdom, France, Germany, and Sweden. The company has market cap of 907.36 million GBP. The firm operates in two divisions, Investment Property and Other Investments. It has a 5.76 P/E ratio. It also invests in hotels, corporate bonds, shares, and other corporate investments.

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