N+1 Singer covered City of London Investment Group PLC (LON:CLIG), boosting its stock price target to 378.00GBX today
- Updated: September 21, 2016
Having a price of 0.00GBX, City of London Investment Group PLC (LON:CLIG) traded 0.00% even on the day. The last stock price close is down 19.26% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. City of London Investment Group PLC has recorded a 50-day average of 363.35GBX and a two hundred day average of 322.39GBX. Trading volume was up over the average, with 28,020 shares of CLIG changing hands over the typical 22,930
N+1 Singer bumped up the stock price target of City of London Investment Group PLC (LON:CLIG) to 378.00GBX indicating a possible upside of 0%.
With a total market value of 0 GBX, City of London Investment Group PLC has PE ratio of 16.65 with a one year low of 265.00GBX and a one year high of 390.00GBX .
General Company Details For City of London Investment Group PLC (LON:CLIG)
City of London Investment Group PLC is a United Kingdom-based holding company. The Company is an asset management company, which focuses on closed-end fund investment. The Company's objective is to provide above average, long-term outperformance versus the appropriate funds' market benchmark. The Company offers developed, frontier and tactical asset allocation closed-end fund strategies, as well as products, which offer natural resources exposure directly through equities. The Company's clients include pension funds, foundations, endowments and other institutional money managers. The Company has around 160 institutional clients. The Company operates in the United States, Canada and Europe. The Company's principal operating subsidiary is City of London Investment Management Company Limited, which is a long-term investor in closed-end funds and acts as an investment adviser and advises on around 40 accounts.
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