CLS Holdings Secures New Leases at Vauxhall’s The Coade

CLS Holdings ( (GB:CLI) ) just unveiled an announcement.

CLS Holdings PLC has successfully secured over 8,000 sq. ft of new leases at The Coade, their newly developed office building in Vauxhall, London. The leases, averaging £48 per square foot, highlight strong demand for quality office spaces in the area. With new tenants from various sectors, including rail consulting and accountancy, 50% of The Coade’s floors are now occupied, demonstrating its appeal and the strategic importance of Vauxhall as a business hub.

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.

The overall stock score of 56 reflects significant financial challenges and weak technical indicators, which are partially offset by positive corporate events and an attractive dividend yield. The company’s high leverage and persistent losses are major concerns, but insider confidence and strategic asset management provide some optimism.

To see Spark’s full report on GB:CLI stock, click here.

More about CLS Holdings

CLS Holdings PLC is a company operating in the real estate industry, focusing on the development and management of office spaces. The company is known for providing high-quality, flexible workspaces and has a market focus on attracting diverse occupiers in strategic locations.

Average Trading Volume: 348,509

Technical Sentiment Signal: Strong Sell

Current Market Cap: £257.5M

See more data about CLI stock on TipRanks’ Stock Analysis page.