The stock of City of London Investment Group PLC (LON:CLIG) is a huge mover today! The stock increased 1.26% or GBX 4.38 on November 9, hitting GBX 352. About 21,711 shares traded hands. City of London Investment Group PLC (LON:CLIG) has risen 9.66% since April 11, 2016 and is uptrending. It has outperformed by 4.88% the S&P500.
The move comes after 9 months positive chart setup for the GBX 96.80M company. It was reported on Nov, 9 by Barchart.com. We have GBX 929.28 PT which if reached, will make LON:CLIG worth GBX 158.75 million more.
City of London Investment Group PLC (LON:CLIG) Ratings Coverage
Out of 2 analysts covering City of London Investment Group PLC (LON:CLIG), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. City of London Investment Group PLC has been the topic of 6 analyst reports since September 14, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Thursday, October 8 by Canaccord Genuity. On Monday, October 19 the stock rating was maintained by Canaccord Genuity with “Buy”. On Thursday, September 22 the stock rating was reinitiated by N+1 Singer with “Hold”. On Wednesday, October 5 the stock rating was maintained by N+1 Singer with “Hold”. The company was maintained on Monday, February 15 by Canaccord Genuity. The firm earned “Buy” rating on Monday, September 14 by Canaccord Genuity.
City of London Investment Group PLC is a holding company. The company has a market cap of 96.80 million GBP. The Firm operates through asset management segment. It has a 15.24 P/E ratio. The Firm focuses on closed-end fund investments.
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