Panmure Gordon Reiterates “Buy” Rating for Greenwich Loan Income Fund (GLIF)
Greenwich Loan Income Fund (LON:GLIF)‘s stock had its “buy” rating reissued by equities research analysts at Panmure Gordon in a research note issued to investors on Monday. They currently have a GBX 72 ($1.20) price target on the stock. Panmure Gordon’s price target points to a potential upside of 33.33% from the stock’s previous close.
Shares of Greenwich Loan Income Fund (LON:GLIF) traded up 0.19% during mid-day trading on Monday, hitting GBX 53.98. The stock had a trading volume of 100,070 shares. Greenwich Loan Income Fund has a 52-week low of GBX 51.75 and a 52-week high of GBX 62.99. The stock has a 50-day moving average of GBX 55.93 and a 200-day moving average of GBX 57.38.
The company also recently announced a dividend, which is scheduled for Thursday, September 18th. Investors of record on Wednesday, July 30th will be paid a dividend of GBX 1.25 ($0.02) per share. This represents a dividend yield of 2.2%. The ex-dividend date is Wednesday, July 30th.
Greenwich Loan Income Fund Limited (LON:GLIF) is a Guernsey-based investment company.
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