Special Opportunities Fund (NYSE:SPE)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity in a research note issued to investors on Thursday. They currently have a $8.00 target price on the closed-end fund’s stock. Canaccord Genuity’s price objective points to a potential downside of 49.91% from the company’s previous close.
Separately, Scotiabank reissued a “buy” rating and set a $11.25 price target on shares of Special Opportunities Fund in a research note on Tuesday, October 10th.
Shares of Special Opportunities Fund (SPE) traded up $0.06 during trading hours on Thursday, hitting $15.97. The stock had a trading volume of 6,000 shares, compared to its average volume of 15,710. Special Opportunities Fund has a fifty-two week low of $13.46 and a fifty-two week high of $16.00.
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Special Opportunities Fund Company Profile
Special Opportunities Fund, Inc (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to achieve total return. The Fund’s investment portfolio consists of investment companies, common stocks, commodity partnerships, preferred stocks, money market funds, corporate notes, liquidating trusts, corporate bonds, promissory notes, senior unsecured notes, warrants and rights.
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