Clough Global Opportunities Fun with ticker code (GLO) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 7 and 5.2 with the average target price sitting at 6.07. Given that the stocks previous close was at 4.94 this would imply there is a potential upside of 22.9%. There is a 50 day moving average of 5.15 and the 200 day MA is 6.4. The market capitalisation for the company is $213m. You can visit the company’s website by visiting: https://www.cloughglobal.com/closed-end-funds/overview/glo
The potential market cap would be $262m based on the market concensus.
Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues. It employs a combination of fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. Clough Global Opportunities Fund was formed on January 12, 2006 and is domiciled in the United States.
