Clough Global Opportunities Fun with ticker code (GLO) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 7 and 5.2 with a mean TP of 6.07. Now with the previous closing price of 4.93 this would indicate that there is a potential upside of 23.1%. There is a 50 day moving average of 5.03 and the 200 day moving average is 6.26. The company has a market cap of $212m. Company Website: https://www.cloughglobal.com/closed-end-funds/overview/glo
The potential market cap would be $261m 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.
