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CLS Holdings ( (GB:CLI) ) has issued an update.
CLS Holdings plc announced the resignation of Andrew Kirkman, its Chief Financial Officer, who will be leaving to assume a similar role at another company. Kirkman will remain with CLS to manage the half-year results and ensure a smooth transition to his successor, with the search for a new CFO commencing immediately as part of the company’s succession plan.
The most recent analyst rating on (GB:CLI) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on CLS Holdings stock, see the GB:CLI Stock Forecast page.
Spark’s Take on GB:CLI Stock
According to Spark, TipRanks’ AI Analyst, GB:CLI is a Neutral.
CLS Holdings’ overall score is driven by strong technical indicators and positive corporate events. The company’s attractive dividend yield supports valuation despite a negative P/E ratio. However, persistent financial challenges and high leverage limit the overall score.
To see Spark’s full report on GB:CLI stock, click here.
More about CLS Holdings
Average Trading Volume: 1,080,549
Technical Sentiment Signal: Sell
Current Market Cap: £278.2M
For a thorough assessment of CLI stock, go to TipRanks’ Stock Analysis page.