Clough Global Opportunities Fun found using ticker (GLO) now have 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 a mean TP of 6.07. Given that the stocks previous close was at 4.94 this would indicate that there is a potential upside of 22.9%. The day 50 moving average is 5.37 and the 200 moving average now moves to 6.67. The company has a market capitalisation of $218m. Company Website: https://www.cloughglobal.com/closed-end-funds/overview/glo
The potential market cap would be $268m 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.
