The stock of ISHARES GLOBAL AGRI INDEX ETF (TSE:COW) hit a new 52-week high and has $73.74 target or 109.00% above today’s $35.28 share price. The 8 months bullish chart indicates low risk for the $235.44M company. The 1-year high was reported on Nov, 2 by Barchart.com. If the $73.74 price target is reached, the company will be worth $256.63M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 2,072 shares traded hands. ISHARES GLOBAL AGRI INDEX ETF (TSE:COW) has risen 13.17% since March 29, 2016 and is uptrending. It has outperformed by 10.65% the S&P500.
More notable recent ISHARES GLOBAL AGRI INDEX ETF (TSE:COW) news were published by: Theglobeandmail.com which released: “Three top ETF picks from BBSL’s John DeGoey” on February 29, 2016, also Theglobeandmail.com with their article: “Nine top ETF picks: ‘The US recovery is real'” published on August 24, 2014, Theglobeandmail.com published: “Three top picks from BBSL’s John DeGoey” on August 17, 2015. More interesting news about ISHARES GLOBAL AGRI INDEX ETF (TSE:COW) were released by: Marketwired.com and their article: “BlackRock(R) Announces Final Annual Reinvested Capital Gains Distributions for …” published on December 24, 2014 as well as Marketwired.com‘s news article titled: “BlackRock(R) Announces Estimated Annual Reinvested Capital Gains Distributions …” with publication date: December 18, 2014.
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