N+1 Singer reiterated City of London Investment Group PLC (LON:CLIG) to Hold in a statement released earlier today.
- Updated: October 9, 2016
N+1 Singer has reiterated City of London Investment Group PLC (LON:CLIG) to Hold in a statement released on 10/5/2016. They are also stating a potential upside of 0%.
On 09/22/2016, N+1 Singer released a statement for City of London Investment Group PLC (LON:CLIG) bumped up the target price from 0.00GBX to 378.00GBX that suggested an upside of 0%.
Boasting a price of 0.00GBX, City of London Investment Group PLC (LON:CLIG) traded 0.92% higher on the day. With the last stock price close down 17.16% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. City of London Investment Group PLC has recorded a 50-day average of 376.54GBX and a two hundred day average of 329.02GBX. Volume of trade was down over the average, with 8,601 shares of CLIG changing hands under the typical 18,952
With a total market value of 0 GBX, City of London Investment Group PLC has price-earnings ratio of 16.69 with a one year low of 265.00GBX and a one year high of 407.00GBX .
Brief Synopsis About City of London Investment Group PLC (LON:CLIG)
City of London Investment Group PLC is a holding company. The Company operates through asset management segment. The Company focuses on closed-end fund investments. The Company offers developed, frontier and tactical asset allocation and private equity closed-end fund strategies. Its Emerging Market closed-end fund provides long-term capital growth through stock selection and active country allocation. Its Frontier Markets Fund provides above average, long-term outperformance versus the appropriate benchmark while maintaining a lower level of volatility than the benchmark. The Company's clients include pension funds, foundations, endowments and other institutional managers. The Company has over 150 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 acts as its investment advisor and advises on approximately 50 accounts.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.